602 Merriott Ln, Woodburn, OR, 97071 | $253/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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602 Merriott Ln, Woodburn, OR, 97071 | $253/mo Cash Flow | Ziffy

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 Woodburn at 602 Merriott Ln, Woodburn, OR, 97071 listed at $424,900 pairs $2,818/mo rent with a $2,080/mo payment to leave $253/mo cash flow. Total monthly income runs $2,818/mo, and annual cash flow reaches $3,035/yr on $140,854 cash to close. Return on cash invested measures 22.06% in year one, and rental yield registers 7.96% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 114.19% and total cumulative return in cash totals $160,845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,818/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

3,049 sqft lot

$N/A/sqft

No HOA

More details about the property

The Cadence at Smith Creek, estimated completion July, 2025. This stunning two-level home boasts a spacious open-concept floor plan. The kitchen features elegant quartz countertops and gas cooking. Upstairs there is a luxe owner's suite and 3 more beds. Home includes, covered patio, fenced yard, A/C, blinds, refrigerator, washer, and dryer. Incentives available when financing with preferred lender! Homesite # 456. Expected completion September, 2025

Neighborhood Data

Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,832 (100%)
Owner Occupied HU	7,016 (59.3%)
Renter Occupied HU	3,962 (33.5%)
Vacant Housing Units	854 ( 7.2%)
Median Home Value	$441,872
Average Home Value	$501,221