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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Grants Pass at 1700 Medart Ln, Grants Pass, OR, 97527 offers $1,393/mo rent that, after a $905/mo payment, leaves $277/mo cash flow. Total monthly income is $1,393/mo, and annual cash flow is $3,321/yr on $61,328 cash. Return on cash invested measures 25.32% in year one, and rental yield stands at 9.04% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 131.67% and total cumulative return in cash reaches $80,751. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,393/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97527, Grants Pass, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,141 (100%) |
| Owner Occupied HU | 11,041 (68.4%) |
| Renter Occupied HU | 4,115 (25.5%) |
| Vacant Housing Units | 985 ( 6.1%) |
| Median Home Value | $481,099 |
| Average Home Value | $560,527 |
Residential
15,241
Single Family
14,552
Multi-Family
689
Businesses
529
Date | Event | Price |
|---|---|---|
| 2024-05-24 | Listed for sale | $185,000 |
| 2024-05-16 | Listing removed | $189,000 |
| 2024-04-02 | Price change | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-21 | $945.01 | N/A | $70,530 | 2.99% |
| 2018-10-21 | $945.01 | 1.31% | $68,480 | 2.99% |
| 2017-10-21 | $932.83 | 16.73% | $66,490 | 2.99% |
Listed by: N/A • eXp Realty, LLC
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220183272
Disclaimer: 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2024-10-21 04:51:50 PDT
