








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


Total monthly income runs $954/mo, and a $2,188/mo payment. Purchase price stands at $447,000, and rental yield measures 2.56% with $954/mo rent. Return on cash invested shows 5.78% in year one, and 5% annual appreciation builds toward $123,498 over five years. Five-year ROI reaches 26.89% and total cumulative return in cash records $39,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $2,188/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97458, Myrtle Point, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,407 (65.9%) |
| Renter Occupied HU | 518 (24.3%) |
| Vacant Housing Units | 209 ( 9.8%) |
| Median Home Value | $296,076 |
| Average Home Value | $389,703 |
Residential
1,886
Single Family
1,881
Multi-Family
5
Businesses
157
Date | Event | Price |
|---|---|---|
| 2025-08-02 | Price change | $447,000 |
| 2025-03-15 | Listed for sale | $457,000 |
| 2016-04-29 | Sold | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-06 | $3261.10 | 4.81% | $374,260 | -7.14% |
| 2023-08-06 | $3111.33 | 1.61% | $403,040 | 9.29% |
| 2022-08-06 | $3062.02 | 2.63% | $368,780 | 29.46% |



Listed by: Ann Parker • River Cities Realty Inc
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #494980751
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 2025-08-06 11:44:59 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.