2081 SW Fellows 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 2081 SW Fellows St, McMinnville, OR, 97128 uses $122,655 cash to close to unlock $3,271/yr annual cash flow and $273/mo monthly cash flow. Total monthly income runs $2,506/mo, and a $1,811/mo payment keeps the spread at $273/mo. Purchase price stands at $370,000, and rental yield measures 8.13% with $2,506/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash records $143,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,506/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
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: Kay Johnson • Windermere Pacific West Properties
Mls Name: OCMLS
Mls ID: #25-4027