700 N Mill St Unit 1CreswellOR97426
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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
Investment Highlights
Rental property for sale in Creswell at 700 N Mill St Unit 1, Creswell, OR, 97426 generates $988/mo in rent and, after a $611/mo payment, leaves $234/mo in cash flow. Total monthly income is $988/mo, and annual cash flow is $2,813/yr on $41,404 invested. Return on cash invested sits at 26.7% in year one, and rental yield is 9.49% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 139.14% and total cumulative return in cash sums $57,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $988/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97426, Creswell, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,186 (100%) |
| Owner Occupied HU | 3,203 (76.5%) |
| Renter Occupied HU | 817 (19.5%) |
| Vacant Housing Units | 166 ( 4.0%) |
| Median Home Value | $587,478 |
| Average Home Value | $656,621 |
Housing Distribution
Address Breakdown
Residential
3,777
Single Family
3,617
Multi-Family
160
Businesses
238
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