702 NE A StGrants PassOR97526
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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 Grants Pass at 702 NE A St, Grants Pass, OR, 97526 priced at $279,000 converts $1,673/mo rent into after a $1,366/mo obligation. Total monthly income equals $1,673/mo. Return on cash invested prints 19.76% in year one, and rental yield reads 7.2% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 101.87% and total cumulative return in cash sums $94,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,673/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1918
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97526, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,301 (63.7%) |
| Renter Occupied HU | 4,965 (30.7%) |
| Vacant Housing Units | 893 ( 5.5%) |
| Median Home Value | $452,498 |
| Average Home Value | $500,393 |
Housing Distribution
Address Breakdown
Residential
15,074
Single Family
14,482
Multi-Family
592
Businesses
1,444
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Listed by: N/A • RE/MAX Integrity Grants Pass
Mls Name: Oregon Datashare
Mls ID: #220207177