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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 McMinnville at 783 NW Thomas Ct, McMinnville, OR, 97128 generates $3,330/mo in rent, after a $2,905/mo payment. Total monthly income is $3,330/mo. Return on cash invested sits at 18.51% in year one, and rental yield is 6.73% on a $593,600 entry. Equity gained on principal adds $3,830/yr, while 5% annual appreciation builds toward $164,001 over five years. Five-year ROI reaches 95.1% and total cumulative return in cash sums $185,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97128, Mcminnville, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,432 (100%) |
| Owner Occupied HU | 9,318 (60.4%) |
| Renter Occupied HU | 5,237 (33.9%) |
| Vacant Housing Units | 877 ( 5.7%) |
| Median Home Value | $475,888 |
| Average Home Value | $526,058 |
Residential
15,300
Single Family
13,960
Multi-Family
1,340
Businesses
1,475
Date | Event | Price |
|---|---|---|
| 2020-05-22 | Sold | $418,200 |
| 2020-04-24 | Pending sale | $415,000 |
| 2020-04-01 | Price change | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $4501.55 | 5.92% | $258,991 | 3.00% |
| 2023-10-12 | $4250.10 | 5.56% | $251,448 | 3.00% |
| 2022-10-12 | $4026.22 | 2.42% | $244,124 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
