219 Bluebell LnGrants 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 219 Bluebell Ln, Grants Pass, OR, 97527 priced at $489,000 converts $2,521/mo rent into after a $2,393/mo obligation. Total monthly income equals $2,521/mo. Return on cash invested prints 16.72% in year one, and rental yield reads 6.19% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 85.56% and total cumulative return in cash sums $138,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,521/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 1973
1.07 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 Grants Pass
Mls Name: Oregon Datashare
Mls ID: #220208816