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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% |
Rental property for sale in McMinnville at 2862 NW Mount Ashland Ln, McMinnville, OR, 97128 priced at $899,900 pairs $3,868/mo rent with after a $4,405/mo payment. Total monthly income equals $3,868/mo. Return on cash invested is 13.72% in year one, and rental yield stands at 5.16% on a $899,900 basis. Equity gained on principal adds $5,807/yr, and 5% annual appreciation accumulates to $248,626 by year five. Five-year ROI measures 69.42% and total cumulative return in cash reaches $205,516. For financing, Ziffy Mortgage’s DSCR program evaluates $3,868/mo property income against a $4,405/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
N/A 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 |
|---|---|---|
| 2024-09-23 | Listed for sale | $899,900 |
| 2024-08-15 | Listing removed | N/A |
| 2024-08-05 | Listed for sale | $919,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tracy Zumwalt • Nice Realty NW LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24621950
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 09:04:04 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
