1059 Josephine St EMonmouthOR97361
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Monmouth at 1059 Josephine St E, Monmouth, OR, 97361 earns from $2,126/mo rent with a $1,745/mo payment. Total monthly income totals $2,126/mo. ROI tracks 19.64% on current figures, and rental yield reads 7.16% at a $356,500 purchase. Equity gained on principal adds $2,300/yr, and 5% annual appreciation supports $98,494 over five years. Five-year ROI reaches 101.21% and total cumulative return in cash sums $119,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,126/mo property income instead of your personal income.
Single Family
Built in 1971
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97361, Monmouth, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,186 (100%) |
| Owner Occupied HU | 2,675 (51.6%) |
| Renter Occupied HU | 2,147 (41.4%) |
| Vacant Housing Units | 364 ( 7.0%) |
| Median Home Value | $435,162 |
| Average Home Value | $482,953 |
Housing Distribution
Address Breakdown
Residential
4,775
Single Family
4,475
Multi-Family
300
Businesses
259
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Listed by: AIMEE FARRELL • Works Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #828036
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.