523 SE Riverside AveGrants PassOR97526
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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
Investment property for sale in Grants Pass at 523 SE Riverside Ave, Grants Pass, OR, 97526 with 5% annual appreciation on a $199,000 basis while $1,434/mo rent supports operations. Total monthly income totals $1,434/mo and a $974/mo payment preserves $233/mo for cash returns. Annual cash flow comes to $2,794/yr on $65,969 deployed, and return on cash invested reaches 24.14% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 8.65%. Five-year ROI measures 125.36% and total cumulative return in cash totals $82,698.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,434/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97526, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,301 (63.7%) |
| Renter Occupied HU | 4,965 (30.7%) |
| Vacant Housing Units | 893 ( 5.5%) |
| Median Home Value | $452,498 |
| Average Home Value | $500,393 |
Housing Distribution
Address Breakdown
Residential
15,074
Single Family
14,482
Multi-Family
592
Businesses
1,444
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Listed by: N/A • LandLeader
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220187309
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