154 SW Mount Adams StMcMinnvilleOR97128
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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 154 SW Mount Adams St, McMinnville, OR, 97128 listed at $757,000 pairs $3,794/mo rent with a $3,705/mo payment. Total monthly income runs $3,794/mo. Return on cash invested measures 16.32% in year one, and rental yield registers 6.01% at a $757,000 basis. Equity gained on principal adds $4,885/yr, and annual property appreciation at 5% supports $209,145 by year five. Five-year ROI tracks 83.38% and total cumulative return in cash totals $207,667. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,794/mo property income relative to a $3,705/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.31 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-03-20 | Listed for sale | $757,000 |
| 2020-02-26 | Sold | $475,000 |
| 2017-10-12 | Sold | $450,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-23 | $4994.57 | 5.56% | $295,493 | 3.00% |
| 2022-03-23 | $4731.47 | 2.42% | $286,886 | 3.00% |
| 2021-03-23 | $4619.53 | 0.80% | $278,530 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2017
- Architectural Style: Daylight Ranch
- Building Area: 2,601
- Living Area: 2,601 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Heat Pump
- Cooling: Heat Pump
- Flooring: Laminate, Tile
- Interior Features: High Ceilings, Vaulted Ceiling(s), Granite, Kitchen Island, Pantry
- Exterior Features: Yard
- Parking Features: Driveway, On Street, Garage Door Opener, Attached
Location
- City: McMinnville
- State: OR
- Subdivision: Mcminnville General
- Lot Size: 0.31 Acres
- Lot Features: Gentle Sloping, Level, Sprinkler, SqFt 10000 to 14999
- View: Territorial
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: Columbus
- Middle School: Duniway
- High School: Mcminnville
Listed by: Bobbi Jenkins • MORE Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #782727588
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-03-23 12:30:31 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.