1413 Hawthorne Ave SPACE 19ReedsportOR97467
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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
Investment property for sale in Reedsport at 1413 Hawthorne Ave SPACE 19, Reedsport, OR, 97467 uses $33,150 cash to close to unlock $1,966/yr annual cash flow and $164/mo monthly cash flow. Total monthly income runs $767/mo, and a $489/mo payment keeps the spread at $164/mo. Purchase price stands at $100,000, and rental yield measures 9.2% with $767/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash records $44,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $767/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97467, Reedsport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 1,829 (58.6%) |
| Renter Occupied HU | 820 (26.3%) |
| Vacant Housing Units | 472 (15.1%) |
| Median Home Value | $337,892 |
| Average Home Value | $347,285 |
Housing Distribution
Address Breakdown
Residential
2,570
Single Family
2,570
Multi-Family
0
Businesses
275
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Listed by: Jessica Bacon • Keller Williams Southern Oregon Coastal Real Estate Group
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #668054359
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-05-15 11:51:37 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.