861 Schroeder LnGrants PassOR97527
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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 861 Schroeder Ln, Grants Pass, OR, 97527 generates $1,874/mo in rent and, after a $1,077/mo payment, leaves $546/mo in cash flow. Total monthly income is $1,874/mo, and annual cash flow is $6,550/yr on $72,930 invested. Return on cash invested sits at 28.89% in year one, and rental yield is 10.22% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 150.8% and total cumulative return in cash sums $109,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,874/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97527, Grants Pass, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,141 (100%) |
| Owner Occupied HU | 11,041 (68.4%) |
| Renter Occupied HU | 4,115 (25.5%) |
| Vacant Housing Units | 985 ( 6.1%) |
| Median Home Value | $481,099 |
| Average Home Value | $560,527 |
Housing Distribution
Address Breakdown
Residential
15,241
Single Family
14,552
Multi-Family
689
Businesses
529
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Listed by: WILLIAM ALLEN • Keller Williams Realty S. O.
Mls Name: Xome
Mls ID: #N/A