164 SW Mallard St, McMinnville, OR, 97128 | 6.68% Rental Yield

For Sale

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

Rental property for sale in McMinnville at 164 SW Mallard St, McMinnville, OR, 97128 offers $3,000/mo rent that, after a $2,638/mo payment. Total monthly income is $3,000/mo. Return on cash invested measures 18.35% in year one, and rental yield stands at 6.68% at a $539,000 entry. Equity gained on principal adds $3,478/yr while 5% annual appreciation compounds into $148,916 by year five. Five-year ROI records 94.23% and total cumulative return in cash reaches $167,100. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $2,638/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2014

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

This delightful home has all the right touches bright, open, and designed for easy living! The open-concept layout features a spacious great room with vaulted ceilings, a cozy gas fireplace, and a large eating bar thats perfect for casual gatherings or morning coffee. The vaulted primary suite offers a peaceful retreat with its generous walk-in closet and comfortable layout. Enjoy outdoor living in the fully fenced backyard ideal for pets, play, or simply relaxing in your own private space. With its sunny corner lot and comfortable layout, this home combines charm, comfort, and makes everyday living feel effortless!

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