890 SE Roberts CtMcMinnvilleOR97128
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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 McMinnville at 890 SE Roberts Ct, McMinnville, OR, 97128 earns $245/mo cash flow from $3,018/mo rent with a $2,249/mo payment. Total monthly income totals $3,018/mo, and annual cash flow totals $2,934/yr on $152,291 capital. ROI tracks 21.84% on current figures, and rental yield reads 7.88% at a $459,400 purchase. Equity gained on principal adds $2,964/yr, and 5% annual appreciation supports $126,924 over five years. Five-year ROI reaches 112.98% and total cumulative return in cash sums $172,061. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,018/mo property income instead of your personal income.
Single Family
Built in 2005
0.44 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97128, Mcminnville, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,300
Single Family
13,960
Multi-Family
1,340
Businesses
1,475
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Price change | $459,400 |
| 2025-07-22 | Listed for sale | $468,500 |
| 2024-02-21 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-01 | $2899.29 | 5.92% | $166,807 | 3.00% |
| 2023-08-01 | $2737.34 | 5.56% | $161,949 | 3.00% |
| 2022-08-01 | $2593.15 | 2.42% | $157,232 | 3.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2005
- Architectural Style: N/A
- Building Area: 1,342
- Living Area: 1,342 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Forced Air
- Cooling: Central Air
- Flooring: Carpet, Laminate, Vinyl
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached
Location
- City: McMinnville
- State: OR
- Subdivision: Rivers Edge
- Lot Size: 0.44 Acres
- Lot Features: Cul-De-Sac, Landscaped
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Buell
- Middle School: Patton
- High School: McMinnville
Listed by: TREVOR SCHARER • Tradition Real Estate Partners
Mls Name: WVMLS
Mls Provider:
Mls ID: #832058
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.