1145 SW Cypress St UNIT 37McMinnvilleOR97128
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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 McMinnville at 1145 SW Cypress St UNIT 37, McMinnville, OR, 97128 uses $59,339 cash to close to unlock $3,668/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $1,386/mo, and a $876/mo payment keeps the spread at $306/mo. Purchase price stands at $179,000, and rental yield measures 9.29% with $1,386/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 135.82% and total cumulative return in cash records $80,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,386/mo property income covering a $876/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97128, Mcminnville, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,432 (100%) |
| Owner Occupied HU | 9,318 (60.4%) |
| Renter Occupied HU | 5,237 (33.9%) |
| Vacant Housing Units | 877 ( 5.7%) |
| Median Home Value | $475,888 |
| Average Home Value | $526,058 |
Housing Distribution
Address Breakdown
Residential
15,300
Single Family
13,960
Multi-Family
1,340
Businesses
1,475
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Listed by: Marjorie Baker • NW HomeBuyers net LLC
Mls Name: My State MLS
Mls ID: #11599406