Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in McMinnville at 587 NW Mount Bachelor St, McMinnville, OR, 97128 with 5% annual appreciation on a $995,000 basis while $4,930/mo rent supports operations. 91% in year one. Equity gained on principal adds $6,421/yr, and five-year appreciation sums $274,900 alongside rental yield of 5.95%. Five-year ROI measures 81.21% and total cumulative return in cash totals $265,854. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,930/mo property income versus a $4,870/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97128, Mcminnville, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,432 (100%) |
| Owner Occupied HU | 9,318 (60.4%) |
| Renter Occupied HU | 5,237 (33.9%) |
| Vacant Housing Units | 877 ( 5.7%) |
| Median Home Value | $475,888 |
| Average Home Value | $526,058 |
Residential
15,300
Single Family
13,960
Multi-Family
1,340
Businesses
1,475
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Price change | $995,000 |
| 2024-06-25 | Listed for sale | $1,150,000 |
| 2015-06-19 | Sold | $515,313 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $10340.32 | 5.56% | $611,763 | 3.00% |
| 2022-10-15 | $9795.64 | 2.42% | $593,945 | 3.00% |
| 2021-10-15 | $9563.90 | 0.80% | $576,646 | 3.00% |
Listed by: KELLY HAGGLUND • The Kelly Group Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #819535
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
