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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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$319,000
2 bds1 ba927sqft
148550 Highway 97La PineOR97739
9.93%
Gross Yield
27.81%
ROI
$2,640/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
Recently Sold
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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
Investment property for sale in La Pine at 148550 Highway 97, La Pine, OR, 97739 offers a 9.93% rental yield on a $319,000 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,561/mo payment leaves $715/mo available for distribution. Annual cash flow reaches $8,578/yr on $105,749 to close, and return on cash invested stands at 28.02% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 146.13% and total cumulative return in cash at $154,525. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.55 Acres lot
$N/A/sqft
No HOA
More details about the property
SELLER WILLING TO CARRY w/ agreeable terms! Charming fully rehabbed & tastefully updated single level La Pine home perfect for first time home buyers or investor looking to expand their portfolio! From top to bottom, this home shines & move in ready! Surrounded by National Forest & endless opportunity to explore Central Oregon! Located in Klamath County, favorable on property taxes! All the hard work has been done for you! Waiting for you to add your personal touch! Many upgrades you will enjoy include a new roof, well, exterior & interior paint, siding, windows, remodeled kitchen, cabinets w/ soft close drawers, large island w/ bar stool seating, quartz counter tops, stainless appliances, laminate flooring throughout, tile shower & bath, vanity, ceiling fans, doors, cadet / zoned heating, water heater, modern light fixtures & hardware plus MORE! Large lot for RV parking! Multiple storage buildings & gentle flowing canal at rear of property
Neighborhood Data
Neighborhood data shown for ZIP Code: 97739, La Pine, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,449 (100%) |
| Owner Occupied HU | 4,818 (64.7%) |
| Renter Occupied HU | 1,005 (13.5%) |
| Vacant Housing Units | 1,626 (21.8%) |
| Median Home Value | $450,927 |
| Average Home Value | $486,382 |
Housing Distribution
Address Breakdown
Residential
5,286
Single Family
4,952
Multi-Family
334
Businesses
240
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-30 | Sold | $319,000 |
| 2025-07-02 | Pending sale | $319,000 |
| 2025-06-24 | Price change | $319,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Powered by
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NMLS #2625701
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1955
- Architectural Style: Ranch
- Building Area: 927
- Living Area: 927 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Zoned
- Cooling: None
- Flooring: Laminate
- Interior Features: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Stone Counters, Tile Shower
- Exterior Features: N/A
- Parking Features: Asphalt, Attached, Concrete, Driveway, Garage Door Opener, Gravel, RV Access/Parking, Shared Driveway, Storage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sand Filter, Septic Tank
- Water Source: Well
- Road Surface Type: Paved
School Information
- Elementary School: Gilchrist Elem
- Middle School: Gilchrist Jr/Sr High
- High School: Gilchrist Jr/Sr High
Listed by: N/A • Scotten Realty LLC
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220202052
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 2025-11-01 03:03:21 PDT