2531 Overland DrGrants PassOR97527
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 2531 Overland Dr, Grants Pass, OR, 97527 in Grants Pass, $529,500, 7.43% gross yield, $48/mo net income. Consider it a market-entry position, the $3,280/mo rent covers the $2,381/mo payment with a margin, and 5%/yr appreciation is projected to add $146,291 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.38) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $203,754.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.5% |
| Monthly Cash Flow | $48 | $420 |
City averages based on Grants Pass market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,280 |
| Total Monthly Debt Service | $3,020 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$35 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$35 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices