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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Grants Pass at 609 SE Riverside Ave, Grants Pass, OR, 97526 priced at $185,000 converts $1,529/mo rent into $413/mo cash flow after a $905/mo obligation. Total monthly income equals $1,529/mo, and annual cash flow totals $4,953/yr on $61,328 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 9.92% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 145.97% and total cumulative return in cash sums $89,523. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,529/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1926
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97526, Grants Pass, OR area.
| 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 |
Residential
15,074
Single Family
14,482
Multi-Family
592
Businesses
1,444
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • John L Scott Real Estate Grants Pass
Mls Name: Oregon Datashare
Mls ID: #220212968
