1565 53rd St, Florence, OR, 97439 | 6.97% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1565 53rd St, Florence, OR, 97439 | 6.97% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1404 sft

1633 Maple St, Florence, OR, 97439

3 Bed
2 Bath
1638 sft

420 Leelo Ct, Florence, OR, 97439

2 Bed
1 Bath
1016 sft

415 Myeena Loop, Florence, OR, 97439

5 Bed
1 Bath
1290 sft

77561 Highway 101, Gardiner, OR, 97441

Nearby investment properties with comparable prices

Investment Property+ 1 more

3 Bed
1 Bath
1344 sft

5005 Barrett Creek Ln, Florence, OR, 97439

3 Bed
3 Bath
2288 sft

589 Ivy St, Florence, OR, 97439

2 Bed
3 Bath
1536 sft

1601 Rhododendron Dr SPACE 610, Florence, OR, 97439

2 Bed
1 Bath
1388 sft

777 Kingwood St, Florence, OR, 97439

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Florence at 1565 53rd St, Florence, OR, 97439 offers a 6.97% rental yield on a $385,000 purchase with $2,236/mo rent. 09% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 98.23% and total cumulative return in cash at $125,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,236/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2023

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

This 2023 Palm Harbor manufactured home features 2 bedrooms, 2 bathrooms, and a versatile den perfect for a home office or guest room. Offering 1,296 sq. ft. of stylish coastal living on a pit-set concrete foundation with an attached two-car garage and covered entry, this home showcases quality construction and timeless design with a 4/12 roof pitch, 9-foot ceilings, and durable fiber cement lap siding.Though classified as attached, only the garage wall is shared the living areas are completely separate, giving you the privacy and feel of a detached home.Inside, youll find quartz countertops, luxury vinyl plank flooring, and plush carpet in the bedrooms and den. Efficient year-round comfort comes from a 2025 Mitsubishi mini-split heat pump system.Enjoy a landscaped front and back yard with drip irrigation and a peaceful setting on the north end of Florence city limits with all city utilities and services. Just a short walk to Fred Meyer and only 2 miles to Heceta Beach, youll have endless recreation right outside your door: sand boarding, hiking the Three Mile Prairie trails, walking the dunes, and foraging for mushrooms and berries.Dont let this one pass you by especially at this price!

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