1702 Softwood Way, Grants Pass, OR, 97526 | $399/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1702 Softwood Way, Grants Pass, OR, 97526 | $399/mo Cash Flow | Ziffy

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

Investment property for sale in Grants Pass at 1702 Softwood Way, Grants Pass, OR, 97526 uses $99,119 cash to close to unlock $4,784/yr annual cash flow and $399/mo monthly cash flow. Total monthly income runs $2,203/mo, and a $1,463/mo payment keeps the spread at $399/mo. Purchase price stands at $299,000, and rental yield measures 8.84% with $2,203/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 128.53% and total cumulative return in cash records $127,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,203/mo property income covering a $1,463/mo payment rather than investor’s personal income.

Townhouse

Built in 2006

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Located in the highly desirable Sequoia Village community! This well-appointed townhouse offers a functional floor plan and low-maintenance living. The main level features an open concept design with hardwood floors and granite counters. As well as a spacious living room, dining area, and kitchen with modern appliances and ample cabinetry. Upstairs, the primary suite includes a private bath and generous closet space. An additional bedroom is well-sized and versatile for guests, office, or hobbies and also has it's own private bath. A private patio provides outdoor living space, while an attached garage ensures convenience. Community amenities include landscaped common areas, walking paths, a pool, proximity to schools, shopping, dining and recreational opportunities. This residence combines comfort, practicality, and location in one of the area's most desirable neighborhoods. Fresh interior paint July 2023. Don't miss this one!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97526, Grants Pass, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,159 (100%)
Owner Occupied HU	10,301 (63.7%)
Renter Occupied HU	4,965 (30.7%)
Vacant Housing Units	893 ( 5.5%)
Median Home Value	$452,498
Average Home Value	$500,393