1501 SW Baker St UNIT 8McMinnvilleOR97128
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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 1501 SW Baker St UNIT 8, McMinnville, OR, 97128 earns $1,644/mo cash flow from $2,378/mo rent with a $595/mo payment. Total monthly income totals $2,378/mo, and annual cash flow totals $19,732/yr on $40,267 capital. ROI tracks 68.91% on current figures, and rental yield reads 23.49% at a $121,470 purchase. Equity gained on principal adds $784/yr, and 5% annual appreciation supports $33,560 over five years. Five-year ROI reaches 365.51% and total cumulative return in cash sums $147,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,378/mo property income instead of your personal income.
Manufactured
Built in 1997
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: N/A • N/A
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