








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Klamath Falls at 10613 Cormorant Ct, Klamath Falls, OR, 97601 offers a 8.6% rental yield on a $329,000 purchase with $2,359/mo rent. Total monthly income registers $2,359/mo, and a $1,610/mo payment leaves $373/mo available for distribution. Annual cash flow reaches $4,481/yr on $109,064 to close, and return on cash invested stands at 24.02% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 124.69% and total cumulative return in cash at $135,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,359/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1997
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97601, Klamath Falls, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,324 (100%) |
| Owner Occupied HU | 5,711 (50.4%) |
| Renter Occupied HU | 4,326 (38.2%) |
| Vacant Housing Units | 1,287 (11.4%) |
| Median Home Value | $352,051 |
| Average Home Value | $395,890 |
Residential
10,331
Single Family
9,746
Multi-Family
585
Businesses
1,160
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Fisher Nicholson Realty, LLC
Mls Name: Oregon Datashare
Mls ID: #220201660