1202 Morrow Rd APT BMedfordOR97504
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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 Medford at 1202 Morrow Rd APT B, Medford, OR, 97504 earns $330/mo cash flow from $1,465/mo rent with a $920/mo payment. Total monthly income totals $1,465/mo, and annual cash flow totals $3,964/yr on $62,322 capital. ROI tracks 26.27% on current figures, and rental yield reads 9.35% at a $188,000 purchase. Equity gained on principal adds $1,213/yr, and 5% annual appreciation supports $51,941 over five years. Five-year ROI reaches 136.78% and total cumulative return in cash sums $85,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,465/mo property income instead of your personal income.
Condo
Built in 1980
871.20 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
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