303 NW 3rd StGrass ValleyOR97029
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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 Grass Valley at 303 NW 3rd St, Grass Valley, OR, 97029 offers a 0% rental yield on a $349,000 purchase with $0/mo rent. 94% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97029, Grass Valley, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 166 (100%) |
| Owner Occupied HU | 103 (62.0%) |
| Renter Occupied HU | 40 (24.1%) |
| Vacant Housing Units | 23 (13.9%) |
| Median Home Value | $322,727 |
| Average Home Value | $455,825 |
Housing Distribution
Address Breakdown
Residential
54
Single Family
52
Multi-Family
2
Businesses
10
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Listed by: Mary Beth Richman • Columbia Gorge Real Estate
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #333630846
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 2025 RMLS, Portland, Oregon. This content last updated on 2025-06-30 12:21:28 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.