1130 SW 3rd AveMill CityOR97360
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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 Mill City at 1130 SW 3rd Ave, Mill City, OR, 97360 listed at $389,900 pairs $1,500/mo rent with a $1,908/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 11.99% in year one, and rental yield registers 4.62% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 60.15% and total cumulative return in cash totals $77,749. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Gary Horton • RE/MAX Equity Group
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24004709
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-18 16:58:24 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.