420 N 7th St, Carlton, OR, 97111 | 5.81% Rental Yield

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420 N 7th St, Carlton, OR, 97111 | 5.81% 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

Rental property for sale in Carlton at 420 N 7th St, Carlton, OR, 97111 generates $2,640/mo in rent, after a $2,668/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 15.71% in year one, and rental yield is 5.81% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 80.08% and total cumulative return in cash sums $143,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.

Single Family

Built in 2007

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautifully refreshed traditional home is packed with upgrades and thoughtful touches, making it completely move-in ready. Step inside to find brand new engineered hardwood floors flowing through the main level, the staircase, and landing, while the bedrooms and bonus room feature fresh, durable LVP. A versatile bonus room easily serves as a fourth bedroom, home office, or media space. The list of updates is long and impressive: new interior and exterior paint, partial siding replacement, stylish new light fixtures and ceiling fan, and a beautifully updated downstairs bathroom with tile flooring, new vanity, and lighting. The kitchen features a newer dishwasher (2024), while the garage now includes a new door (2025) and convenient hanging storage. Outside, enjoy a covered patio perfect for year-round entertaining, a new retaining wall on the south side, lush new sod in the backyard, and a fully fenced garden area. Directly across the street, Hawn Creek Park offers a green and inviting space for play, picnics, and fresh air just steps from your front door. And just a few blocks away, youll find Carltons charming downtown, with boutique shops, restaurants, and tasting rooms that create the ultimate small-town wine country lifestyle. With modern updates throughout, a park at your doorstep, and an unbeatable location in one of Oregons most celebrated wine towns, this home is truly a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97111, Carlton, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,607 (100%)
Owner Occupied HU	1,254 (78.0%)
Renter Occupied HU	266 (16.6%)
Vacant Housing Units	87 ( 5.4%)
Median Home Value	$574,885
Average Home Value	$664,053