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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in McMinnville at 2221 NW Elm St, McMinnville, OR, 97128 earns from $3,029/mo rent with a $2,861/mo payment. Total monthly income totals $3,029/mo. ROI tracks 16.94% on current figures, and rental yield reads 6.22% at a $584,500 purchase. Equity gained on principal adds $3,772/yr, and 5% annual appreciation supports $161,487 over five years. Five-year ROI reaches 86.71% and total cumulative return in cash sums $166,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,029/mo property income instead of your personal income.
Single Family
Built in 1992
9,021 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97128, Mcminnville, OR area.
| 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 |
Residential
15,300
Single Family
13,960
Multi-Family
1,340
Businesses
1,475
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: AMALIA YBARRA • Coldwell Banker Mountain West Real Estate, Inc.
Mls Name: WVMLS
Mls ID: #833741
