317 Highland DrMedfordOR97504
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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
Rental property for sale in Medford at 317 Highland Dr, Medford, OR, 97504 priced at $389,000 converts $2,563/mo rent into $215/mo cash flow after a $1,904/mo obligation. Total monthly income equals $2,563/mo, and annual cash flow totals $2,579/yr on $128,954 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 7.91% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 113.37% and total cumulative return in cash sums $146,190. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,563/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1977
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97504, Medford, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,277 (100%) |
| Owner Occupied HU | 12,429 (55.8%) |
| Renter Occupied HU | 8,512 (38.2%) |
| Vacant Housing Units | 1,336 ( 6.0%) |
| Median Home Value | $510,019 |
| Average Home Value | $567,082 |
Housing Distribution
Address Breakdown
Residential
21,816
Single Family
19,256
Multi-Family
2,560
Businesses
1,669
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