172 S Old Pacific HwyMyrtle CreekOR97457
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
Investment property for sale in Myrtle Creek at 172 S Old Pacific Hwy, Myrtle Creek, OR, 97457 at $599,000 posts ROI 5.35% with from $1,200/mo rent. Total monthly income equals $1,200/mo. Return on cash invested measures 5.35% and rental yield reads 2.4% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 24.54% and total cumulative return in cash totals $48,370. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1954
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97457, Myrtle Creek, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,687 (100%) |
| Owner Occupied HU | 3,189 (68.0%) |
| Renter Occupied HU | 1,167 (24.9%) |
| Vacant Housing Units | 331 ( 7.1%) |
| Median Home Value | $402,135 |
| Average Home Value | $458,837 |
Housing Distribution
Address Breakdown
Residential
3,406
Single Family
3,400
Multi-Family
6
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Najla Slater • Stellar Realty Northwest
Mls Name: RMLS (OR)
Mls ID: #697706513