851 NW Alder StMill CityOR97360
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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 Mill City at 851 NW Alder St, Mill City, OR, 97360 priced at $330,000 converts $1,640/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,640/mo. Return on cash invested prints 16.05% in year one, and rental yield reads 5.96% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 81.97% and total cumulative return in cash sums $89,675. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,640/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
5,314 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: MELTON LOWERY • Windermere Heritage
Mls Name: WVMLS
Mls Provider:
Mls ID: #832167
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.