








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 Grand Ronde at 7480 Alvord Alley Rd, Grand Ronde, OR, 97347 offers $1,296/mo rent that, after a $2,364/mo payment. Total monthly income is $1,296/mo. Return on cash invested measures 7.77% in year one, and rental yield stands at 3.22% at a $483,000 entry. Equity gained on principal adds $3,117/yr while 5% annual appreciation compounds into $133,444 by year five. Five-year ROI records 37.55% and total cumulative return in cash reaches $60,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,296/mo property income versus a $2,364/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
5.17 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97347, Grand Ronde, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 979 (100%) |
| Owner Occupied HU | 621 (63.4%) |
| Renter Occupied HU | 274 (28.0%) |
| Vacant Housing Units | 84 ( 8.6%) |
| Median Home Value | $431,383 |
| Average Home Value | $433,611 |
Residential
618
Single Family
613
Multi-Family
5
Businesses
41
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Sold | $483,000 |
| 2025-06-14 | Pending sale | $525,000 |
| 2025-05-28 | Contingent | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $2971.82 | 8.39% | $248,845 | 3.00% |
| 2023-10-28 | $2741.83 | 3.58% | $241,606 | 3.00% |
| 2022-10-28 | $2647.15 | 2.53% | $234,578 | 3.00% |



Listed by: Angie LaPointe • Berkshire Hathaway HomeServices NW Real Estate
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #553190930
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-27 23:04:11 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.