16810 Covina Rd, Bend, OR, 97707 | $347/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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16810 Covina Rd, Bend, OR, 97707 | $347/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 Bend at 16810 Covina Rd, Bend, OR, 97707 uses $142,512 cash to close to unlock $4,166/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $2,942/mo, and a $2,104/mo payment keeps the spread at $347/mo. Purchase price stands at $429,900, and rental yield measures 8.21% with $2,942/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 118.34% and total cumulative return in cash records $168,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,942/mo property income covering a $2,104/mo payment rather than investor’s personal income.

Manufactured

Built in 2014

0.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of privacy, nature, and convenience with this delightful 3-bedroom, 2-bath charmer nestled on a spacious 0.75-acre wooded lot near the end of a cul-de-sac. Located in the sought-after Deschutes River Recreation neighborhood, this property backs directly onto Deschutes National Forest landoffering endless outdoor adventure right out your back door, with quick access to non-motorized walking, hiking, snowshoeing and cross-country skiing. Enjoy the peaceful surroundings from your paved circular driveway and take advantage of two concrete carports plus RV hookupsideal for guests or your next adventure basecamp. Whether you're looking for a full-time residence, vacation getaway, or investment property, this location is unbeatablejust minutes from Sunriver's endless amenities and with quick access to the Deschutes River, Cascade Lakes and Mt. Bachelor. Don't miss this rare opportunity to own your own slice of Central Oregon paradise!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97707, Bend, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,002 (100%)
Owner Occupied HU	3,200 (40.0%)
Renter Occupied HU	411 ( 5.1%)
Vacant Housing Units	4,391 (54.9%)
Median Home Value	$802,210
Average Home Value	$881,758

Housing Distribution

Address Breakdown

Residential

2,905

Single Family

2,275

Multi-Family

630

Businesses

226

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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16076 Elkhorn Ln, La Pine, OR, 97739

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16190 South Dr, La Pine, OR, 97739

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: MobileManufactured
Year Built: 2014
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Asphalt, Concrete, Detached Carport, Driveway, Gravel, RV Access/Parking, Other

Location

City: Bend
State: OR
Subdivision: N/A
Lot Size: 0.75 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Cascade Hasson SIR

Mls Name: Oregon Datashare

Mls ID: #220208823

16810 Covina Rd,Bend,OR,97707

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

16810 Covina RdBendOR97707