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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 $4,315/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 5.76% with $4,315/mo rent. Return on cash invested shows 15.55% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 79.24% and total cumulative return in cash records $234,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,315/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in 1930
24 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97324, Alsea, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 603 (100%) |
| Owner Occupied HU | 397 (65.8%) |
| Renter Occupied HU | 100 (16.6%) |
| Vacant Housing Units | 106 (17.6%) |
| Median Home Value | $587,924 |
| Average Home Value | $628,822 |
Residential
367
Single Family
367
Multi-Family
0
Businesses
36
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Price change | $899,000 |
| 2024-06-28 | Price change | $950,000 |
| 2024-04-20 | Listed for sale | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-10-18 | $465.98 | N/A | $46,685 | 3.00% |
| 2018-10-18 | $465.98 | 6.73% | $45,325 | 3.00% |
| 2017-10-18 | $436.60 | 9.90% | $44,005 | 3.00% |
Listed by: BARBARA HARTZ • Landmark Realty
Mls Name: WVMLS
Mls Provider:
Mls ID: #815872
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
