348 Main St EMonmouthOR97361
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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 Monmouth at 348 Main St E, Monmouth, OR, 97361 generates $2,172/mo in rent and, after a $1,415/mo payment, leaves $427/mo in cash flow. Total monthly income is $2,172/mo, and annual cash flow is $5,125/yr on $95,804 invested. Return on cash invested sits at 25.26% in year one, and rental yield is 9.02% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 131.37% and total cumulative return in cash sums $125,858. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97361, Monmouth, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,186 (100%) |
| Owner Occupied HU | 2,675 (51.6%) |
| Renter Occupied HU | 2,147 (41.4%) |
| Vacant Housing Units | 364 ( 7.0%) |
| Median Home Value | $435,162 |
| Average Home Value | $482,953 |
Housing Distribution
Address Breakdown
Residential
4,775
Single Family
4,475
Multi-Family
300
Businesses
259
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