242 Grant StAshlandOR97520
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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 Ashland at 242 Grant St, Ashland, OR, 97520 with 5% annual appreciation on a $300,000 basis while $2,279/mo rent supports operations. Total monthly income totals $2,279/mo and a $1,468/mo payment preserves $469/mo for cash returns. Annual cash flow comes to $5,622/yr on $99,450 deployed, and return on cash invested reaches 25.56% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.12%. Five-year ROI measures 132.97% and total cumulative return in cash totals $132,240.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,279/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2003
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97520, Ashland, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,542 (100%) |
| Owner Occupied HU | 7,337 (54.2%) |
| Renter Occupied HU | 4,791 (35.4%) |
| Vacant Housing Units | 1,414 (10.4%) |
| Median Home Value | $645,833 |
| Average Home Value | $690,573 |
Housing Distribution
Address Breakdown
Residential
12,484
Single Family
11,256
Multi-Family
1,228
Businesses
1,426
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