2081 SW Fellows St, McMinnville, OR, 97128 | $375/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2081 SW Fellows St, McMinnville, OR, 97128 | $375/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

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 McMinnville at 2081 SW Fellows St, McMinnville, OR, 97128 uses $122,655 cash to close to unlock $4,495/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $2,608/mo, and a $1,811/mo payment keeps the spread at $375/mo. Purchase price stands at $370,000, and rental yield measures 8.46% with $2,608/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 122.31% and total cumulative return in cash records $150,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,608/mo property income covering a $1,811/mo payment rather than investor’s personal income.

Single Family

Built in 1997

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! Enter through your large covered Porch to vaulted ceilings and a spacious open floor plan with Kitchen, Dining, and Living Room, and a half-bath and Laundry on the first floor. Stainless Kitchen Appliances, stone countertops in the Kitchen and baths. Upstairs are three bedrooms. The Primary Bedroom contains an ensuite bath, and an additional full bath is in the upstairs hallway. Exterior features include a large covered Front Porch, a covered Rear Patio, a storage shed, composition shingle roof, and a large, fenced, grassy yard. This lovely, well-maintained, updated, private townhome is located in a quiet neighborhood near beautiful parks and shopping.

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