1233 Alabama Ave SEBandonOR97411
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
Investment Highlights
Investment property for sale in Bandon at 1233 Alabama Ave SE, Bandon, OR, 97411 earns $469/mo cash flow from $2,400/mo rent with a $1,566/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $5,624/yr on $106,080 capital. ROI tracks 25.21% on current figures, and rental yield reads 9% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 131.08% and total cumulative return in cash sums $139,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1937
5,227 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices