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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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$425,000
2 bds2 ba1144sqft
141469 Red Cone DrCrescent LakeOR97733
5.06%
Gross Yield
12.22%
ROI
$1,790/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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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
Rental property for sale in Crescent Lake at 141469 Red Cone Dr, Crescent Lake, OR, 97733 generates $1,790/mo in rent, after a $2,080/mo payment. Total monthly income is $1,790/mo. Return on cash invested sits at 12.31% in year one, and rental yield is 5.05% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 62.29% and total cumulative return in cash sums $87,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,790/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
0.96 Acres lot
$N/A/sqft
$1,400 annually HOA
More details about the property
Welcome to your new home in beautiful Diamond Peaks with stunning views! This inviting, two-bedroom, two-bathroom home sits on nearly an acre of land, giving you plenty of space to relax and enjoy the great outdoors. You'll love the breezeway that connects the garage to the house, so you can easily come inside without trudging through the snow. The open living room features a custom-built bar perfect for entertaining. The large, fully insulated garage (24 x 25 feet) has an extra 10 x 24-foot insulated room ideal for gatherings. This entertainment room has a wood stove and another custom bar where you can mix up some drinks for your friends to keep the atmosphere cozy. Just a hop away from Crescent and Odell Lake, you can enjoy summer activities like fishing, hiking, biking, and four-wheeling. When winter rolls around, you'll have even more fun with snowshoeing, snowmobiling, or skiing at the nearby Willamette Pass ski resort. The property also has a paved driveway.
Neighborhood Data
Neighborhood data shown for ZIP Code: 97733, Crescent, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 325 (32.1%) |
| Renter Occupied HU | 122 (12.1%) |
| Vacant Housing Units | 564 (55.8%) |
| Median Home Value | $382,710 |
| Average Home Value | $404,131 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
127
Multi-Family
4
Businesses
38
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $425,000 |
| 2021-11-10 | Listing removed | N/A |
| 2021-10-16 | Price change | $374,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-30 | $1477.60 | 2.63% | $130,480 | 2.99% |
| 2022-04-30 | $1439.69 | 2.93% | $126,689 | 3.00% |
| 2021-04-30 | $1398.70 | 3.00% | $123,000 | 3.00% |
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Powered by
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NMLS #2625701
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 2000
- Architectural Style: Traditional
- Building Area: 1,144
- Living Area: 1,144 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Propane
- Cooling: None
- Flooring: Laminate
- Interior Features: Dry Bar, Primary Downstairs
- Exterior Features: N/A
- Parking Features: Detached, Driveway
Location
- City: Crescent Lake
- State: OR
- Subdivision: Diamond Peaks
- Lot Size: 0.96 Acres
- Lot Features: N/A
- View: Mountain(s)
HOA & Fees
- HOA Fee: $1,400 annually
- Association Fee: $1,400 annually
- Fees & Dues: N/A
- Association Amenities: Road Assessment, Snow Removal, Water
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank, Standard Leach Field
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: Gilchrist Elem
- Middle School: Gilchrist Jr/Sr High
- High School: Gilchrist Jr/Sr High
Listed by: N/A • Dennis Haniford's Cascade Realty
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220200477
Disclaimer: 2025 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 2025-04-30 12:11:16 PDT