151 Edwards Rd S #146MonmouthOR97361
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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 Monmouth at 151 Edwards Rd S #146, Monmouth, OR, 97361 uses $56,355 cash to close to unlock $3,311/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $832/mo payment keeps the spread at $276/mo. Purchase price stands at $170,000, and rental yield measures 9.19% with $1,302/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 134.17% and total cumulative return in cash records $75,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97361, Monmouth, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,186 (100%) |
| Owner Occupied HU | 2,675 (51.6%) |
| Renter Occupied HU | 2,147 (41.4%) |
| Vacant Housing Units | 364 ( 7.0%) |
| Median Home Value | $435,162 |
| Average Home Value | $482,953 |
Housing Distribution
Address Breakdown
Residential
4,775
Single Family
4,475
Multi-Family
300
Businesses
259
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