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% |
Rental property for sale in Monroe at 625 N 3rd St, Monroe, OR, 97456 offers $1,393/mo rent that, after a $1,101/mo payment, leaves $35/mo cash flow. Total monthly income is $1,393/mo, and annual cash flow is $421/yr on $74,588 cash. Return on cash invested measures 20.47% in year one, and rental yield stands at 7.43% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 105.71% and total cumulative return in cash reaches $78,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,393/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97456, Monroe, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,328 (100%) |
| Owner Occupied HU | 960 (72.3%) |
| Renter Occupied HU | 286 (21.5%) |
| Vacant Housing Units | 82 ( 6.2%) |
| Median Home Value | $590,826 |
| Average Home Value | $619,727 |
Residential
1,142
Single Family
1,139
Multi-Family
3
Businesses
88
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Sold | $225,000 |
| 2025-06-10 | Pending sale | $225,000 |
| 2025-06-03 | Contingent | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1696.39 | 2.78% | $93,591 | 3.00% |
| 2023-10-20 | $1650.43 | 2.68% | $90,865 | 3.00% |
| 2022-10-20 | $1607.36 | 1.17% | $88,218 | 3.00% |
Listed by: ARICA MITCHELL • Song Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #828754
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.
