








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 Monmouth at 241 Warren St N, Monmouth, OR, 97361 uses $124,313 cash to close to unlock $7,114/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $2,856/mo, and a $1,835/mo payment keeps the spread at $593/mo. Purchase price stands at $375,000, and rental yield measures 9.14% with $2,856/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 133.31% and total cumulative return in cash records $165,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,856/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97361, Monmouth, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,186 (100%) |
| Owner Occupied HU | 2,675 (51.6%) |
| Renter Occupied HU | 2,147 (41.4%) |
| Vacant Housing Units | 364 ( 7.0%) |
| Median Home Value | $435,162 |
| Average Home Value | $482,953 |
Residential
4,775
Single Family
4,475
Multi-Family
300
Businesses
259
Date | Event | Price |
|---|---|---|
| 2024-09-08 | Listed for sale | $375,000 |
| 2024-08-22 | Contingent | $375,000 |
| 2024-08-16 | Price change | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-19 | $2691.04 | 11.12% | $147,710 | 3.00% |
| 2022-10-19 | $2421.71 | 1.15% | $143,410 | 2.99% |
| 2021-10-19 | $2394.28 | 4.13% | $139,240 | 3.00% |



Listed by: CHANDRA REYNOLDS • Homesmart Realty Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #818228
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.