1636 NW Madrona Ct, McMinnville, OR, 97128 | $646/mo Cash Flow

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in McMinnville at 1636 NW Madrona Ct, McMinnville, OR, 97128 earns $646/mo cash flow from $3,000/mo rent with a $1,909/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $7,749/yr on $129,285 capital. ROI tracks 25.9% on current figures, and rental yield reads 9.23% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 134.79% and total cumulative return in cash sums $174,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.

Manufactured

Built in 1987

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Move in Ready! Make yourself at home here! Beautifully updated home with newer metal roof and Hvac system. The living space is open and spacious with the dining room and kitchen viewing the large outdoor deck and private yard. Step down to the living room to a cozy space. Good size bedrooms. Light and bright with vaulted ceiling. Terrific Laundry room with storage and easy access to backyard deck. The fully fenced backyard has an outdoor area with covered courtyard that extends enjoyment of the yard and garden. Extensive deck, garden boxes and grassy area for play and pets make this a wonderful yard. Oversize garage with work shop and garden shed. Great schools. Short distance to west side walking path and Linear Park.

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