1845 Monroe St, North Bend, OR, 97459 | $52/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1845 Monroe St, North Bend, OR, 97459 | $52/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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 North Bend at 1845 Monroe St, North Bend, OR, 97459 uses $79,527 cash to close to unlock $625/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $1,174/mo payment keeps the spread at $52/mo. Purchase price stands at $239,900, and rental yield measures 7.5% with $1,500/mo rent. Return on cash invested shows 20.7% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 106.9% and total cumulative return in cash records $85,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,174/mo payment rather than investor’s personal income.

Single Family

Built in 1949

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Clean, move-in ready, AND affordable! This adorable two-bedroom home is perfect as a starter home or an investment property. The large living room, featuring a new electric fireplace to add to the cozy charm, opens to the kitchen and eating area. Freshly painted inside, the home boasts an updated bathroom with new fixtures, a spacious mudroom with a pantry, and a 16 x 22 garage with a utility area, plus an attached single carport. Theres plenty of parking for an RV or boat on the level 60 x 100 lot, conveniently located close to shopping, ocean beaches, and the sand dunes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97459, North Bend, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,024 (100%)
Owner Occupied HU	4,148 (59.1%)
Renter Occupied HU	2,113 (30.1%)
Vacant Housing Units	763 (10.9%)
Median Home Value	$383,808
Average Home Value	$449,228