53 SW Eastern Ave #55Grants 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 53 SW Eastern Ave #55, Grants Pass, OR, 97526 offers a 5.81% rental yield on a $445,900 purchase with $2,160/mo rent. 6% in year one. Equity gained on principal adds $2,877/yr while 5% annual appreciation supports $123,194 over five years. Portfolio math shows five-year ROI at 79.52% and total cumulative return in cash at $117,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $2,182/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1968
8,276 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 • Beyond Real Estate Brokers
Mls Name: Oregon Datashare
Mls ID: #220206293