1672 NW Landon StMcMinnvilleOR97128
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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
Investment Highlights
Investment property for sale in McMinnville at 1672 NW Landon St, McMinnville, OR, 97128 listed at $453,500 pairs $3,000/mo rent with a $2,220/mo payment to leave $262/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $3,147/yr on $150,335 cash to close. Return on cash invested measures 22% in year one, and rental yield registers 7.94% at a $453,500 basis. Equity gained on principal adds $2,926/yr, and annual property appreciation at 5% supports $125,294 by year five. Five-year ROI tracks 113.89% and total cumulative return in cash totals $171,217. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,220/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
2,613 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,300
Single Family
13,960
Multi-Family
1,340
Businesses
1,475
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Listed by: Patrice Irving • Bella Casa Real Estate Group
Mls Name: RMLS (OR)
Mls ID: #625340890