1604 Medart LnGrants PassOR97527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grants Pass at 1604 Medart Ln, Grants Pass, OR, 97527 at $399,900 posts ROI 20.4% with $54/mo cash flow from $2,468/mo rent. Total monthly income equals $2,468/mo, and annual cash flow records $653/yr on $132,567 to close. Return on cash invested measures 20.4% and rental yield reads 7.41% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 105.29% and total cumulative return in cash totals $139,580.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,468/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97527, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,141 (100%) |
| Owner Occupied HU | 11,041 (68.4%) |
| Renter Occupied HU | 4,115 (25.5%) |
| Vacant Housing Units | 985 ( 6.1%) |
| Median Home Value | $481,099 |
| Average Home Value | $560,527 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
14,552
Multi-Family
689
Businesses
529
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Listed by: N/A • eXp Realty, LLC
Mls Name: Oregon Datashare
Mls ID: #220212381