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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 Woodburn at 638 Merriott Ln, Woodburn, OR, 97071 priced at $425,900 pairs $2,818/mo rent with $208/mo cash flow after a $2,085/mo payment. Total monthly income equals $2,818/mo, and annual cash flow comes to $2,493/yr on $141,186 invested. Return on cash invested is 21.67% in year one, and rental yield stands at 7.94% on a $425,900 basis. Equity gained on principal adds $2,748/yr, and 5% annual appreciation accumulates to $117,668 by year five. Five-year ROI measures 112.23% and total cumulative return in cash reaches $158,459. For financing, Ziffy Mortgage’s DSCR program evaluates $2,818/mo property income against a $2,085/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
3,049 sqft lot
$N/A/sqft
$39 monthly HOA
Neighborhood data shown for ZIP Code: 97071, Woodburn, OR area.
| 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 |
Residential
10,645
Single Family
9,933
Multi-Family
712
Businesses
853
Date | Event | Price |
|---|---|---|
| 2025-08-19 | Listed for sale | $425,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $1031.04 | N/A | $53,330 | N/A |
Listed by: JASON LEINER • Lennar Homes
Mls Name: WVMLS
Mls Provider:
Mls ID: #833608
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.
