291 Grand View AveScotts MillsOR97375
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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
Investment Highlights
Rental property for sale in Scotts Mills at 291 Grand View Ave, Scotts Mills, OR, 97375 offers $1,739/mo rent that, after a $1,272/mo payment, leaves $170/mo cash flow. Total monthly income is $1,739/mo, and annual cash flow is $2,043/yr on $86,157 cash. Return on cash invested measures 22.28% in year one, and rental yield stands at 8.03% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 115.41% and total cumulative return in cash reaches $99,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,739/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97375, Scotts Mills, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 481 (100%) |
| Owner Occupied HU | 380 (79.0%) |
| Renter Occupied HU | 52 (10.8%) |
| Vacant Housing Units | 49 (10.2%) |
| Median Home Value | $653,226 |
| Average Home Value | $739,309 |
Housing Distribution
Address Breakdown
Residential
337
Single Family
337
Multi-Family
0
Businesses
28
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Listed by: Donald Johnson, P.C. • Premiere Property Group, LLC
Mls Name: RMLS (OR)
Mls ID: #411269175