1623 Arthur StKlamath FallsOR97603
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 1623 Arthur St, Klamath Falls, OR, 97603 in Klamath Falls. Rental yield 6.37%. The 1.18 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $66,308 and $2,210/yr in principal reduction project total return of $79,626.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.4% |
| Monthly Cash Flow | $(174) | $650 |
City averages based on Klamath Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,274 |
| Total Monthly Debt Service | $1,353 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1941
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97603, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,657 (100%) |
| Owner Occupied HU | 9,019 (66.0%) |
| Renter Occupied HU | 3,900 (28.6%) |
| Vacant Housing Units | 738 ( 5.4%) |
| Median Home Value | $289,668 |
| Average Home Value | $315,767 |
Housing Distribution
Address Breakdown
Residential
13,177
Single Family
12,590
Multi-Family
587
Businesses
814
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
Single Family
Built in 1941
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97603, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,657 (100%) |
| Owner Occupied HU | 9,019 (66.0%) |
| Renter Occupied HU | 3,900 (28.6%) |
| Vacant Housing Units | 738 ( 5.4%) |
| Median Home Value | $289,668 |
| Average Home Value | $315,767 |
Housing Distribution
Address Breakdown
Residential
13,177
Single Family
12,590
Multi-Family
587
Businesses
814
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Heir Apparent Real Estate
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220197888
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