1614 Granite St, Woodburn, OR, 97071 | 6.98% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1041 sft

2299 Country Club Ter, Woodburn, OR, 97071

2 Bed
2 Bath
1190 sft

1083 Cardinal St NW #53, Salem, OR, 97304

3 Bed
2 Bath
1092 sft

2910 E Douglas Ave, Newberg, OR, 97132

4 Bed
2 Bath
2000 sft

3441 Livingston St NE, Salem, OR, 97301

Nearby investment properties with comparable prices

3 Bed
3 Bath
1677 sft

7804 SW Brookline Ln, Tigard, OR, 97224

2 Bed
1 Bath
807 sft

1385 Norway St NE, Salem, OR, 97301

3 Bed
2 Bath
1188 sft

1001 Roy Ave, Woodburn, OR, 97071

3 Bed
1 Bath
1476 sft

2245 Center St NE, Salem, OR, 97301

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,442/mo, and a $2,056/mo payment. Purchase price stands at $420,000, and rental yield measures 6.98% with $2,442/mo rent. Return on cash invested shows 19.1% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 98.32% and total cumulative return in cash records $136,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,442/mo property income covering a $2,056/mo payment rather than investor’s personal income.

Manufactured

Built in 2005

5,877 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,832 (100%)
Owner Occupied HU	7,016 (59.3%)
Renter Occupied HU	3,962 (33.5%)
Vacant Housing Units	854 ( 7.2%)
Median Home Value	$441,872
Average Home Value	$501,221