16219 Lower Harbor Rd #P7BrookingsOR97415
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
Rental property for sale in Brookings at 16219 Lower Harbor Rd #P7, Brookings, OR, 97415 generates $1,357/mo in rent and, after a $612/mo payment, leaves $602/mo in cash flow. Total monthly income is $1,357/mo, and annual cash flow is $7,227/yr on $41,438 invested. Return on cash invested sits at 37.35% in year one, and rental yield is 13.03% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 196.27% and total cumulative return in cash sums $81,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,357/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97415, Brookings, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 4,962 (61.2%) |
| Renter Occupied HU | 2,028 (25.0%) |
| Vacant Housing Units | 1,121 (13.8%) |
| Median Home Value | $451,211 |
| Average Home Value | $513,728 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
6,020
Multi-Family
267
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Watwood PC • Century 21 Agate Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #410881031
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-10-24 05:14:09 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.