8538 Monument DrGrants 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
Investment property for sale in Grants Pass at 8538 Monument Dr, Grants Pass, OR, 97526 offers a 4.95% rental yield on a $344,900 purchase with $1,422/mo rent. 98% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 65.54% and total cumulative return in cash at $74,937. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,422/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
1.78 Acres 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 • eXp Realty, LLC
Mls Name: Oregon Datashare
Mls ID: #220208809