487 April Dr, Merlin, OR, 97532 | 4.88% Rental Yield

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 Merlin at 487 April Dr, Merlin, OR, 97532 with 5% annual appreciation on a $749,950 basis while $3,047/mo rent supports operations. 86% in year one. Equity gained on principal adds $4,839/yr, and five-year appreciation sums $207,197 alongside rental yield of 4.88%. Five-year ROI measures 64.81% and total cumulative return in cash totals $159,914. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,047/mo property income versus a $3,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1990

2.62 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97532, Merlin, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,083 (100%)
Owner Occupied HU	864 (79.8%)
Renter Occupied HU	134 (12.4%)
Vacant Housing Units	85 ( 7.8%)
Median Home Value	$466,667
Average Home Value	$510,032