1015 Franklin Ave SWBandonOR97411
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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 Bandon at 1015 Franklin Ave SW, Bandon, OR, 97411 offers a 8.44% rental yield on a $265,000 purchase with $1,864/mo rent. Total monthly income registers $1,864/mo, and a $1,297/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,174/yr on $87,848 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 122.04% and total cumulative return in cash at $107,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,864/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97411, Bandon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,639 (58.3%) |
| Renter Occupied HU | 1,099 (24.3%) |
| Vacant Housing Units | 791 (17.5%) |
| Median Home Value | $509,572 |
| Average Home Value | $507,381 |
Housing Distribution
Address Breakdown
Residential
3,603
Single Family
3,473
Multi-Family
130
Businesses
376
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