1345 NE 9th StGrants PassOR97526
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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
Rental property for sale in Grants Pass at 1345 NE 9th St, Grants Pass, OR, 97526 generates $2,975/mo in rent, after a $9,730/mo payment. Total monthly income is $2,975/mo. Return on cash invested sits at 3.56% in year one, and rental yield is 1.8% on a $1,988,000 entry. Equity gained on principal adds $12,828/yr, while 5% annual appreciation builds toward $549,248 over five years. Five-year ROI reaches 14.85% and total cumulative return in cash sums $95,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,975/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97526, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,301 (63.7%) |
| Renter Occupied HU | 4,965 (30.7%) |
| Vacant Housing Units | 893 ( 5.5%) |
| Median Home Value | $452,498 |
| Average Home Value | $500,393 |
Housing Distribution
Address Breakdown
Residential
15,074
Single Family
14,482
Multi-Family
592
Businesses
1,444
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Listed by: N/A • John L. Scott Medford
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220199362
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