555 High St NMonmouthOR97361
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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
Rental property for sale in Monmouth at 555 High St N, Monmouth, OR, 97361 priced at $439,000 converts $2,946/mo rent into $296/mo cash flow after a $2,149/mo obligation. Total monthly income equals $2,946/mo, and annual cash flow totals $3,550/yr on $145,529 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 8.05% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 115.72% and total cumulative return in cash sums $168,404. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,946/mo property income covering a $2,149/mo payment, not borrower’s personal income.
Single Family
Built in 1961
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97361, Monmouth, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,186 (100%) |
| Owner Occupied HU | 2,675 (51.6%) |
| Renter Occupied HU | 2,147 (41.4%) |
| Vacant Housing Units | 364 ( 7.0%) |
| Median Home Value | $435,162 |
| Average Home Value | $482,953 |
Housing Distribution
Address Breakdown
Residential
4,775
Single Family
4,475
Multi-Family
300
Businesses
259
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