310 SW Mount Adams St, McMinnville, OR, 97128 | 6.94% Rental Yield

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310 SW Mount Adams St, McMinnville, OR, 97128 | 6.94% 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 McMinnville at 310 SW Mount Adams St, McMinnville, OR, 97128 offers a 6.94% rental yield on a $669,000 purchase with $3,868/mo rent. 13% in year one. Equity gained on principal adds $4,317/yr while 5% annual appreciation supports $184,832 over five years. Portfolio math shows five-year ROI at 98.47% and total cumulative return in cash at $216,723. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,868/mo property income against a $3,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2017

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning two-story single-family home offering 4 bedrooms, 2.1 bathrooms, and 2,489 sq. ft. of comfortable living space. Located just minutes from historic downtown McMinnville, this property combines modern updates with timeless charm. Inside, youll find an inviting layout with newer flooring and windows that fill the home with natural light. The spacious living areas flow seamlessly into the kitchen and dining spaces, creating the perfect environment for entertaining or family gatherings. Step outside to your private backyard oasis featuring a large deck, beautifully landscaped yard, and a custom-built stone fire pit and patio perfect for outdoor dining and relaxing evenings. Additional highlights include a three-car garage, desirable neighborhood setting, mature landscaping, and convenient access to shopping, dining, and parks. This home has been lovingly maintained and is move-in ready. Schedule your showing today and experience the best of McMinnville living!

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