1495 8th St, Florence, OR, 97439 | $170/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1495 8th St, Florence, OR, 97439 | $170/mo Cash Flow | Ziffy

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

Rental property for sale in Florence at 1495 8th St, Florence, OR, 97439 generates $2,760/mo in rent and, after a $2,100/mo payment, leaves $170/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $2,043/yr on $142,214 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 7.72% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 110.37% and total cumulative return in cash sums $156,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.

Single Family

Built in 1952

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Presenting a prime commercial/residential property, currently operating as Florences Hostel. This 1,722sqft building sits on a generous 0.31 acre lot with lots of parking and ally access, right across from the post office. This property offers great potential for continued use as a hospitality business, or can easily be repurposed for a variety of commercial ventures. Its size, location, and layout make it an excellent investment for entrepreneurs or developers looking to capitalize on this versatile space. Not all rooms were photographed because of tenants personal property. Take advantage of this unique opportunity to own a property with endless possibilities!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97439, Florence, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,358 (100%)
Owner Occupied HU	5,722 (61.1%)
Renter Occupied HU	2,076 (22.2%)
Vacant Housing Units	1,560 (16.7%)
Median Home Value	$526,815
Average Home Value	$571,760