2818 Esther 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
Investment property for sale in Grants Pass at 2818 Esther Ln, Grants Pass, OR, 97527 uses $145,263 cash to close to unlock $21/yr annual cash flow and $2/mo monthly cash flow. Total monthly income runs $2,647/mo, and a $2,145/mo payment keeps the spread at $2/mo. Purchase price stands at $438,200, and rental yield measures 7.25% with $2,647/mo rent. Return on cash invested shows 19.92% in year one, and 5% annual appreciation builds toward $121,067 over five years. Five-year ROI reaches 102.72% and total cumulative return in cash records $149,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,647/mo property income covering a $2,145/mo payment rather than investor’s personal income.
Single Family
Built in 2016
5,227 sqft 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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