15990 Falcon Ln, La Pine, OR, 97739 | $976/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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15990 Falcon Ln, La Pine, OR, 97739 | $976/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

Investment property for sale in La Pine at 15990 Falcon Ln, La Pine, OR, 97739 offers a 11.14% rental yield on a $299,999 purchase with $2,786/mo rent. Total monthly income registers $2,786/mo, and a $1,468/mo payment leaves $976/mo available for distribution. Annual cash flow reaches $11,706/yr on $99,450 to close, and return on cash invested stands at 31.68% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 165.78% and total cumulative return in cash at $164,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,786/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1989

0.99 Acres lot

$N/A/sqft

No HOA

More details about the property

Tree-lined 0.99-acre corner lot offers space, charm, and potential-with dual access from Day Road and Falcon Lane and a circular gravel drivewayfor easy access on those snow days. Outbuilding includes a double detached garage with an attached shed, and a large RV carport with power. The fully fenced backyard provides privacy and space for pets. A covered back porch off the laundry room adds extra storage. Inside some updates have been made; enjoy vinyl windows, vaulted ceilings, and a cozy wood stove. Features include fiber internet, a metal roof, and some newer flooring throught. The kitchen offers a pass-through window, range/oven, refrigerator, dishwasher, dry bar, and deck access. All appliances are included. No HOA. Great for full-time living or a weekend retreat-just minutes away from Hwy 97, Mt. Bachelor, lakes, rivers, and year-round recreation. Buyer to due diligence regarding well.

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