29891 S Highway 213, Molalla, OR, 97038 | 3.41% Rental Yield

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Price: $300K - 500K

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29891 S Highway 213, Molalla, OR, 97038 | 3.41% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Molalla at 29891 S Highway 213, Molalla, OR, 97038 earns from $2,520/mo rent with a $4,341/mo payment. Total monthly income totals $2,520/mo. ROI tracks 8.41% on current figures, and rental yield reads 3.41% at a $887,000 purchase. Equity gained on principal adds $5,724/yr, and 5% annual appreciation supports $245,062 over five years. Five-year ROI reaches 40.94% and total cumulative return in cash sums $119,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.

Single Family

Built in 1950

10 Acres lot

$N/A/sqft

No HOA

More details about the property

This one-story with basement is situated on 10 acres of EFU zoned land, making it ideal for livestock, nursery or agricultural operations. The home offers two bedrooms plus an office that can function as a third bedroom, featuring hardwood flooring throughout. The property is fully fenced, fruit trees and includes a 36x40 shop , concreted flooring and two meters each with 400amps for a total of 800amps, a 40x60 barn for storage or trucking and multiple greenhouses. This unique combination of residential comfort and agricultural infrastructure presents a rare opportunity for both living and business use.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97038, Molalla, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,347 (100%)
Owner Occupied HU	4,570 (72.0%)
Renter Occupied HU	1,563 (24.6%)
Vacant Housing Units	214 ( 3.4%)
Median Home Value	$625,652
Average Home Value	$708,097