1371 Bayview StNorth BendOR97459
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1371 Bayview St, North Bend, OR, 97459 in North Bend worth study. Rental yield 5.66%. The 5.66% gross yield is below cash-flow benchmarks at $674,000, but 5% annual appreciation, adding $186,214 over five years, frames this as a capital growth position. Rent of $3,180/mo partially offsets the $3,031/mo payment. Ziffy Mortgage finances appreciation-play properties (1.05 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $197,948.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.2% |
| Monthly Cash Flow | $(888) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,180 |
| Total Monthly Debt Service | $3,800 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1941
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97459, North Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 4,148 (59.1%) |
| Renter Occupied HU | 2,113 (30.1%) |
| Vacant Housing Units | 763 (10.9%) |
| Median Home Value | $383,808 |
| Average Home Value | $449,228 |
Housing Distribution
Address Breakdown
Residential
6,254
Single Family
5,877
Multi-Family
377
Businesses
585
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
Single Family
Built in 1941
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97459, North Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 4,148 (59.1%) |
| Renter Occupied HU | 2,113 (30.1%) |
| Vacant Housing Units | 763 (10.9%) |
| Median Home Value | $383,808 |
| Average Home Value | $449,228 |
Housing Distribution
Address Breakdown
Residential
6,254
Single Family
5,877
Multi-Family
377
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juli Whelchel • Coastal Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #290300532