10242 McGuire AveKlamath FallsOR97603
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 10242 McGuire Ave, Klamath Falls, OR, 97603 in Klamath Falls speaks for itself: 10.39% gross on a $259,000 price, generating $2,243/mo in rent and $679/mo in net income after the $1,165/mo debt service. DSCR 1.93, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,153 stacks alongside $71,557 in projected five-year appreciation and $2,385/yr in principal reduction. Projected total cumulative return: $141,797.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.4% |
| Monthly Cash Flow | $679 | $650 |
City averages based on Klamath Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,243 |
| Total Monthly Debt Service | $1,460 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2001
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2001
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Keller Williams Realty Southern Oregon
Mls Name: Oregon Datashare
Mls ID: #220209158