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25
Photos
1224 N Modoc Ave Unit 59, Medford, OR 97504
$314,900 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,476
sqft
Built in
1997
Welcome to your next investment! With an updated spunky design that exudes personality; this unit is not just a property; it's a thriving Airbnb with a stellar 91% occupancy rate and bookings through November. Imagine the steady income stream, with avg stays of 12 days and a remarkable monthly income of $3000. Boasting an impressive cap rate of 8.37%, this unit offers a lucrative opportunity for savvy investors. Stunning views of RoxyAnn, this property is part of a well-maintained community that takes pride in its amenities. The HOA covers exterior maintenance and landscaping, allowing you to enjoy hassle-free ownership while your guests relish the convenience and luxury of a community pool. Don't miss out on this turnkey investment opportunity that blends style, comfort, and profitability.
Features & Amenities
Interior
- General:
- Breakfast Bar,Ceiling Fan(s),Open Floorplan,Smart Lighting,Smart Locks,Smart Thermostat,Vaulted Ceiling(s),Walk-In Closet(s)
- Rooms:
- Eating Area,Great Room,Kitchen,Laundry
- Appliances:
- Dishwasher,Dryer,Microwave,Oven,Range Hood,Refrigerator,Washer,Water Heater
- Flooring:
- Vinyl
- A/C:
- Central Air
- Heating:
- Forced Air,Natural Gas
- Fireplace:
- Gas,Great Room
- Disability Feature:
- Smart Technology
Exterior
- General:
- Frame, Deck,Patio
- Style:
- Contemporary
Construction
- Roofing:
- Composition
- Windows:
- Vinyl Frames
- General:
- Two, Concrete Perimeter
Location
- Road/Access:
- Shared Access
- HOA Amenities:
- Clubhouse,Pool, 320.0, Monthly
- County:
- Jackson
Lot
- Zoning:
- MFR-20, 10879979
Utilities
- Utilities:
- None
- Water:
- Public
- Sewer:
- Public Sewer
This listing courtesy of:
eXp Realty, LLC
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Medford, OR
Housing
- Number of Units
- 43,140
- Median Home Value
- $302,268
- Median Rent
- $962
44.09% of housing units are renter occupied.
4.72% are vacant.
Commute
- Car
-
68.03%
- Public Transportation
-
0.53%
- Walk to Work
-
1.24%
- Work from Home
-
28.50%
- Other
-
0.47%
The median travel time to work is 13 minutes.
People
- Population
- 99,005
- Median Age
- 39.20
- Median Household Size
- 2.65
Education
- High School
-
25.78%
- Associate’s Degree
-
9.23%
- Bachelor’s Degree
-
16.91%
- Graduate Degree
-
10.61%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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