965 Galice RdMerlinOR97532
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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 Merlin at 965 Galice Rd, Merlin, OR, 97532 generates $1,891/mo in rent and, after a $765/mo payment, leaves $914/mo in cash flow. Total monthly income is $1,891/mo, and annual cash flow is $10,966/yr on $51,813 invested. Return on cash invested sits at 41.07% in year one, and rental yield is 14.52% on a $156,300 entry. Equity gained on principal adds $1,009/yr, while 5% annual appreciation builds toward $43,183 over five years. Five-year ROI reaches 216.44% and total cumulative return in cash sums $112,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,891/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97532, Merlin, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,083 (100%) |
| Owner Occupied HU | 864 (79.8%) |
| Renter Occupied HU | 134 (12.4%) |
| Vacant Housing Units | 85 ( 7.8%) |
| Median Home Value | $466,667 |
| Average Home Value | $510,032 |
Housing Distribution
Address Breakdown
Residential
983
Single Family
982
Multi-Family
1
Businesses
152
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