




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Klamath Falls at 15208 Clover Creek Rd, Klamath Falls, OR, 97601 offers a 13.45% rental yield on a $131,900 purchase with $1,478/mo rent. Total monthly income registers $1,478/mo, and a $646/mo payment leaves $681/mo available for distribution. Annual cash flow reaches $8,177/yr on $43,725 to close, and return on cash invested stands at 38.61% in year one. Equity gained on principal adds $851/yr while 5% annual appreciation supports $36,442 over five years. Portfolio math shows five-year ROI at 203% and total cumulative return in cash at $88,763. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,478/mo property income against a $646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97601, Klamath Falls, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,324 (100%) |
| Owner Occupied HU | 5,711 (50.4%) |
| Renter Occupied HU | 4,326 (38.2%) |
| Vacant Housing Units | 1,287 (11.4%) |
| Median Home Value | $352,051 |
| Average Home Value | $395,890 |
Residential
10,331
Single Family
9,746
Multi-Family
585
Businesses
1,160
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $131,900 |
| 2024-08-09 | Listing removed | N/A |
| 2024-07-29 | Price change | $127,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-21 | $1126.11 | 2.75% | $98,970 | 3.00% |
| 2022-10-21 | $1096.01 | 3.31% | $96,090 | 2.99% |
| 2021-10-21 | $1060.94 | 3.18% | $93,300 | 2.99% |



Listed by: N/A • Action Realty
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220184973
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