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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mill City at 475 NE Alder St, Mill City, OR, 97360 offers $2,315/mo rent that, after a $1,346/mo payment, leaves $656/mo cash flow. Total monthly income is $2,315/mo, and annual cash flow is $7,874/yr on $91,129 cash. Return on cash invested measures 28.55% in year one, and rental yield stands at 10.11% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 149.03% and total cumulative return in cash reaches $135,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,315/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1020
0.33 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: BOB SHACKELFORD • Homesmart Realty Group - Keizer
Mls Name: WVMLS
Mls ID: #836058
