305 NE Fircrest Pl, McMinnville, OR, 97128 | $327/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

305 NE Fircrest Pl, McMinnville, OR, 97128 | $327/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 1 more

4 Bed
2 Bath
2366 sft

24088 SW Highway 18, Sheridan, OR, 97378

4 Bed
2 Bath
1460 sft

287 NW Bonanza Ave, Dallas, OR, 97338

2 Bed
2 Bath
1800 sft

2204 SE Rhododendron Ave, Dallas, OR, 97338

3 Bed
3 Bath
1402 sft

1776 SE Jonathan Ave, Dallas, OR, 97338

Nearby investment properties with comparable prices

4 Bed
2 Bath
1380 sft

591 NW Brentwood Ave, Dallas, OR, 97338

3 Bed
2 Bath
1319 sft

1138 SW Bryson St, Dallas, OR, 97338

5 Bed
2 Bath
3025 sft

1083 W Ellendale Ave, Dallas, OR, 97338

3 Bed
3 Bath
1637 sft

1866 SE Hankel St, Dallas, OR, 97338

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in McMinnville at 305 NE Fircrest Pl, McMinnville, OR, 97128 priced at $410,000 pairs $2,802/mo rent with $327/mo cash flow after a $2,007/mo payment. Total monthly income equals $2,802/mo, and annual cash flow comes to $3,923/yr on $135,915 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 8.2% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 118.11% and total cumulative return in cash reaches $160,535. For financing, Ziffy Mortgage’s DSCR program evaluates $2,802/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 2000

N/A lot

$N/A/sqft

No HOA

More details about the property

A contemporary home in a 55 plus community. It features the primary bedroom on the main floor with a walk-in closet and attached bathroom. The living room, dining room and kitchen are all open in a great room style. There is an abundance of natural light from the many windows throughout the home even on Winter days. For the chef, you will fall in love with the kitchen which has a KitchenAid gas range, a new microwave, a new faucet and a new disposal. Two bright spacious bedrooms upstairs provide extra space and room for your visiting guests. A huge, attached double garage, private backyard patio and lovely yard add to the benefits of owning this special home. The private fenced yard includes a raised garden bed and mature flowering plants. The roof was replaced in 2024 ($20,000) plus a new hot water heater this year. Time to pack your bags and enjoy the easy living in this 55+ community where the landscaping, street, and exterior is cared for by the HOA. The Fircrest neighborhood is close to the hospital, the movies and the famous Evergreen Museum and water park.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97128, Mcminnville, OR area.

Housing Distribution

Housing Statistics

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