1141 Progress Dr APT AMedfordOR97504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Medford at 1141 Progress Dr APT A, Medford, OR, 97504 uses $85,196 cash to close to unlock $8,383/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,250/mo, and a $1,258/mo payment keeps the spread at $699/mo. Purchase price stands at $257,000, and rental yield measures 10.51% with $2,250/mo rent. Return on cash invested shows 29.75% in year one, and 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 155.43% and total cumulative return in cash records $132,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,250/mo property income covering a $1,258/mo payment rather than investor’s personal income.
Condo
Built in 1981
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97504, Medford, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,277 (100%) |
| Owner Occupied HU | 12,429 (55.8%) |
| Renter Occupied HU | 8,512 (38.2%) |
| Vacant Housing Units | 1,336 ( 6.0%) |
| Median Home Value | $510,019 |
| Average Home Value | $567,082 |
Housing Distribution
Address Breakdown
Residential
21,816
Single Family
19,256
Multi-Family
2,560
Businesses
1,669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices