2187 E Madison AveCottage GroveOR97424
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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 Cottage Grove at 2187 E Madison Ave, Cottage Grove, OR, 97424 offers a 2.73% rental yield on a $790,000 purchase with $1,794/mo rent. 33% in year one. Equity gained on principal adds $5,098/yr while 5% annual appreciation supports $218,262 over five years. Portfolio math shows five-year ROI at 29.78% and total cumulative return in cash at $77,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $3,867/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97424, Cottage Grove, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,705 (100%) |
| Owner Occupied HU | 5,224 (67.8%) |
| Renter Occupied HU | 2,102 (27.3%) |
| Vacant Housing Units | 379 ( 4.9%) |
| Median Home Value | $498,856 |
| Average Home Value | $538,638 |
Housing Distribution
Address Breakdown
Residential
7,261
Single Family
6,676
Multi-Family
585
Businesses
622
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Listed by: Holly Guardino • Harcourts West Real Estate
Mls Name: RMLS (OR)
Mls ID: #532725960