1508 Southwest BlvdCoos BayOR97420
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
Investment Highlights
Investment property for sale in Coos Bay at 1508 Southwest Blvd, Coos Bay, OR, 97420 listed at $170,000 pairs $1,470/mo rent with a $832/mo payment to leave $441/mo cash flow. Total monthly income runs $1,470/mo, and annual cash flow reaches $5,295/yr on $56,355 cash to close. Return on cash invested measures 29.3% in year one, and rental yield registers 10.38% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 153.12% and total cumulative return in cash totals $86,289. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,470/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97420, Coos Bay, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,944 (100%) |
| Owner Occupied HU | 7,600 (58.7%) |
| Renter Occupied HU | 4,062 (31.4%) |
| Vacant Housing Units | 1,282 ( 9.9%) |
| Median Home Value | $354,474 |
| Average Home Value | $391,284 |
Housing Distribution
Address Breakdown
Residential
11,524
Single Family
11,117
Multi-Family
407
Businesses
1,061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: NICK SHIVERS • Keller Williams Portland Central
Mls Name: WVMLS
Mls Provider:
Mls ID: #829738
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.