1783 View StMyrtle PointOR97458
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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
Investment Highlights
Rental property for sale in Myrtle Point at 1783 View St, Myrtle Point, OR, 97458 priced at $398,000 pairs $954/mo rent with after a $1,948/mo payment. Total monthly income equals $954/mo. Return on cash invested is 6.74% in year one, and rental yield stands at 2.88% on a $398,000 basis. Equity gained on principal adds $2,568/yr, and 5% annual appreciation accumulates to $109,960 by year five. Five-year ROI measures 32.01% and total cumulative return in cash reaches $42,228. For financing, Ziffy Mortgage’s DSCR program evaluates $954/mo property income against a $1,948/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97458, Myrtle Point, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,886
Single Family
1,881
Multi-Family
5
Businesses
157
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Listed by: Robert Stayner • Seaboard Properties
Mls Name: RMLS (OR)
Mls ID: #730837806