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FOR_SALERisky Deal2 days on market

2662 NW Mount Ashland Dr

2662 NW Mount Ashland Dr, McMinnville, OR 97128, McMinnville, OR 97128
$660,000
Zestimate®:$648,400

Listing Price

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2662 NW Mount Ashland Dr, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
2
Tax Assessed
$568k
Zestimate®
$648k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$2,917/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Newby Elementary School

K-5
1.4 mi away
8

Duniway Middle School

6-8
1.4 mi away
9

McMinnville High School

9-12
2.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.56%
Total ROI
7.5%
Cash Flow
$-1,380/mo
DSCR
0.59
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-02Listed for sale$660,000$320
2019-06-14Sold$439,900$213
2019-05-17Pending sale$439,900$213
2019-05-14Listed for sale$439,900$213
2008-07-29Sold$342,000$166

Tax History

YearProperty TaxTax Assessment
2025$6,292.55$353,381
2024$5,963.25$343,088
2023$5,630.14$333,095
2022$5,333.56$323,393
2021$5,207.38$313,974
2020$5,165.85$304,829
2019$5,025.73$295,950
2018$4,926.36$287,330
2017$4,926.36$278,961
2016$4,584.66$270,836
2015$4,584.66$262,950
2014$4,472.91$255,293
2013$4,086.11$247,860
2012$3,985.74$240,643
2011$3,877.71$233,635
2010$3,741.02$226,832
2009$3,679.27$220,225
2008$3,527.93$213,811
2007$1,284.03$77,350
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,064
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $660,000Rent Basis: Observed Comp Model ($2,917/mo)State Tax Benchmark: 0.97% (OR)Hazard Reserve: $193/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.90%

NOI: $19,132/yr

Cash-on-Cash Yield
-14.5%

On $151,800 invested

DSCR Ratio
0.47x

Negative debt coverage

5-Yr Leveraged ROI
+21.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.97% of basis)-$459/mo
Homeowner / Hazard Insurance-$193/mo
Vacancy Reserve (5% of rent)-$146/mo
Repairs & Maintenance (10% of rent)-$292/mo
Property Management (8% of rent)-$233/mo
Total Pure Operating Expenses-$1,323/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,917/mo
Less: Operating Expenses-$1,323/mo
Net Operating Income (NOI)+$1,594/mo
Less: Debt Service (30yr @ 6.75%)-$3,425/mo
Net Cash Flow
$-1,830/mo
$-21,964/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
DSCR Tool
Loan qualification
Rental Cash Flow
6-month reserves
Leveraged ROI
10-year compounding
Deal Scorecard
1% Rule test
Pure NOI
Operating ratios

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