115 Rogue River Hwy APT 307Grants PassOR97527
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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 Grants Pass at 115 Rogue River Hwy APT 307, Grants Pass, OR, 97527 uses $101,406 cash to close to unlock $789/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,912/mo, and a $1,497/mo payment keeps the spread at $66/mo. Purchase price stands at $305,900, and rental yield measures 7.5% with $1,912/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $84,515 over five years. Five-year ROI reaches 106.81% and total cumulative return in cash records $108,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,912/mo property income covering a $1,497/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97527, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,141 (100%) |
| Owner Occupied HU | 11,041 (68.4%) |
| Renter Occupied HU | 4,115 (25.5%) |
| Vacant Housing Units | 985 ( 6.1%) |
| Median Home Value | $481,099 |
| Average Home Value | $560,527 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
14,552
Multi-Family
689
Businesses
529
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Listed by: N/A • Coldwell Banker Pro West R.E.
Mls Name: Oregon Datashare
Mls ID: #220206521