218 Hessar StGrants PassOR97527
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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
Rental property for sale in Grants Pass at 218 Hessar St, Grants Pass, OR, 97527 priced at $349,000 pairs $1,687/mo rent with after a $1,708/mo payment. Total monthly income equals $1,687/mo. Return on cash invested is 15.56% in year one, and rental yield stands at 5.8% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 79.32% and total cumulative return in cash reaches $91,764. For financing, Ziffy Mortgage’s DSCR program evaluates $1,687/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1988
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97527, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
14,552
Multi-Family
689
Businesses
529
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Listed by: N/A • RE/MAX Integrity
Mls Name: Oregon Datashare
Mls ID: #220212338