Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in McMinnville at 1622 SW Alexandria St, McMinnville, OR, 97128 uses $137,539 cash to close to unlock $5,536/yr annual cash flow and $461/mo monthly cash flow. Total monthly income runs $2,966/mo, and a $2,031/mo payment keeps the spread at $461/mo. Purchase price stands at $414,900, and rental yield measures 8.58% with $2,966/mo rent. Return on cash invested shows 23.93% in year one, and 5% annual appreciation builds toward $114,629 over five years. Five-year ROI reaches 124.24% and total cumulative return in cash records $170,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,966/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97128, Mcminnville, OR area.
| 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 |
Residential
15,300
Single Family
13,960
Multi-Family
1,340
Businesses
1,475
Date | Event | Price |
|---|---|---|
| 2025-08-27 | Sold | $414,900 |
| 2025-07-18 | Pending sale | $414,900 |
| 2025-07-05 | Price change | $414,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $3248.18 | 5.92% | $186,880 | 3.00% |
| 2023-10-30 | $3066.74 | 5.56% | $181,437 | 3.00% |
| 2022-10-30 | $2905.19 | 2.42% | $176,152 | 3.00% |
Listed by: Dominic Doty • Windermere Pacific Crest Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #234152106
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 2025-10-30 04:06:06 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.
