701 Messinger RdGrants PassOR97527
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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
Investment property for sale in Grants Pass at 701 Messinger Rd, Grants Pass, OR, 97527 offers a 2.76% rental yield on a $1,599,000 purchase with $3,673/mo rent. 52% in year one. Equity gained on principal adds $10,318/yr while 5% annual appreciation supports $441,774 over five years. Portfolio math shows five-year ROI at 30.75% and total cumulative return in cash at $159,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,673/mo property income against a $7,826/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
112.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97527, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,141 (100%) |
| Owner Occupied HU | 11,041 (68.4%) |
| Renter Occupied HU | 4,115 (25.5%) |
| Vacant Housing Units | 985 ( 6.1%) |
| Median Home Value | $481,099 |
| Average Home Value | $560,527 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
14,552
Multi-Family
689
Businesses
529
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Listed by: N/A • John L. Scott Medford
Mls Name: Oregon Datashare
Mls ID: #220204432