1136 Hanks StKlamath FallsOR97601
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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
Rental property for sale in Klamath Falls at 1136 Hanks St, Klamath Falls, OR, 97601 priced at $325,000 pairs $2,218/mo rent with $256/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,218/mo, and annual cash flow comes to $3,072/yr on $107,738 invested. Return on cash invested is 22.76% in year one, and rental yield stands at 8.19% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 117.92% and total cumulative return in cash reaches $127,045. For financing, Ziffy Mortgage’s DSCR program evaluates $2,218/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97601, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,331
Single Family
9,746
Multi-Family
585
Businesses
1,160
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Listed by: N/A • Infinity Real Estate Group-Keller Williams Realty Southern Oregon
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220188967
Disclaimer: 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2024-10-21 05:21:48 PDT