321 SW James St, Willamina, OR, 97396 | 7% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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321 SW James St, Willamina, OR, 97396 | 7% 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 Willamina at 321 SW James St, Willamina, OR, 97396 offers a 7% rental yield on a $350,000 purchase with $2,042/mo rent. 18% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 98.73% and total cumulative return in cash at $114,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,042/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2007

5,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Awesome home with many updates! The Metal Interlock roof was installed in 2023 and has a lifetime warranty that is transferrable. Inside the home has new flooring, pex plumbing and new paint. The kitchen features a large walk-in pantry, stainless steel appliances and is an eat in kitchen. The main bedroom has a WIC and bathroom. The 2nd bedroom also has a large WIC. The laundry room is large, has a door to the back yard as well as enough room for a 2nd freezer. The garage is extra tall with a storage loft.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97396, Willamina, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,346 (100%)
Owner Occupied HU	929 (69.0%)
Renter Occupied HU	352 (26.2%)
Vacant Housing Units	65 ( 4.8%)
Median Home Value	$369,212
Average Home Value	$410,619