1298 Minnesota Ave, Coos Bay, OR, 97420 | 4.69% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Coos Bay at 1298 Minnesota Ave, Coos Bay, OR, 97420 offers a 4.69% rental yield on a $399,000 purchase with $1,560/mo rent. 21% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 61.38% and total cumulative return in cash at $81,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1999

9,147 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97420, Coos Bay, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,944 (100%)
Owner Occupied HU	7,600 (58.7%)
Renter Occupied HU	4,062 (31.4%)
Vacant Housing Units	1,282 ( 9.9%)
Median Home Value	$354,474
Average Home Value	$391,284