10119 Wright AveKlamath FallsOR97603
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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 Klamath Falls at 10119 Wright Ave, Klamath Falls, OR, 97603 uses $85,859 cash to close to unlock $8,080/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $2,237/mo, and a $1,268/mo payment keeps the spread at $673/mo. Purchase price stands at $259,000, and rental yield measures 10.36% with $2,237/mo rent. Return on cash invested shows 29.32% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 153.13% and total cumulative return in cash records $131,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Condo
Built in 1999
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97603, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,657 (100%) |
| Owner Occupied HU | 9,019 (66.0%) |
| Renter Occupied HU | 3,900 (28.6%) |
| Vacant Housing Units | 738 ( 5.4%) |
| Median Home Value | $289,668 |
| Average Home Value | $315,767 |
Housing Distribution
Address Breakdown
Residential
13,177
Single Family
12,590
Multi-Family
587
Businesses
814
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Listed by: N/A • Fisher Nicholson Realty, LLC
Mls Name: Oregon Datashare
Mls ID: #220211308