



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 663 Merriott Ln, Woodburn, OR, 97071 priced at $421,200 converts $2,818/mo rent into $275/mo cash flow after a $2,062/mo obligation. Total monthly income equals $2,818/mo, and annual cash flow totals $3,302/yr on $139,628 invested. Return on cash invested prints 22.27% in year one, and rental yield reads 8.03% against a $421,200 entry. Equity gained on principal adds $2,718/yr, while 5% annual appreciation compiles into $116,370 by year five. Five-year ROI reaches 115.35% and total cumulative return in cash sums $161,064. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,818/mo property income covering a $2,062/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-10-04 | Listing removed | $422,900 |
| 2025-08-26 | Listed for sale | $422,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1031.04 | N/A | $53,330 | N/A |



Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A