208 W Heintz St, Molalla, OR, 97038 | $226/mo Cash Flow

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208 W Heintz St, Molalla, OR, 97038 | $226/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

Rental property for sale in Molalla at 208 W Heintz St, Molalla, OR, 97038 priced at $150,000 pairs $1,131/mo rent with $226/mo cash flow after a $734/mo payment. Total monthly income equals $1,131/mo, and annual cash flow comes to $2,709/yr on $49,725 invested. Return on cash invested is 25.36% in year one, and rental yield stands at 9.05% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 131.9% and total cumulative return in cash reaches $65,586. For financing, Ziffy Mortgage’s DSCR program evaluates $1,131/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 2001

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to peaceful, low-maintenance living in this beautifully cared-for 3-bedroom, 2-bath manufactured home in a quiet 55+ community. This home sits on an extra-large corner lot and features a generous two-car carport, an oversized storage shed, and plenty of outdoor space to relax or garden. Inside, the inviting layout has been lovingly maintained, offering comfort and move-in-ready convenience. The spacious third bedroom has been thoughtfully converted into an oversized walk-in closet but can easily be restored back to a full bedroom if desired. With water, sewer, trash, and lawn care all included in the affordable $590/month space rent, this home provides exceptional value for anyone seeking a comfortable and convenient lifestyle in a well-kept community.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97038, Molalla, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,347 (100%)
Owner Occupied HU	4,570 (72.0%)
Renter Occupied HU	1,563 (24.6%)
Vacant Housing Units	214 ( 3.4%)
Median Home Value	$625,652
Average Home Value	$708,097