1860 Meade StNorth BendOR97459
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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 North Bend at 1860 Meade St, North Bend, OR, 97459 generates $3,180/mo in rent and, after a $1,630/mo payment, leaves $1,170/mo in cash flow. Total monthly income is $3,180/mo, and annual cash flow is $14,038/yr on $110,389 invested. Return on cash invested sits at 32.63% in year one, and rental yield is 11.46% on a $332,997 entry. Equity gained on principal adds $2,149/yr, while 5% annual appreciation builds toward $92,001 over five years. Five-year ROI reaches 170.83% and total cumulative return in cash sums $188,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Multi Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,254
Single Family
5,877
Multi-Family
377
Businesses
585
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Listed by: Levi Randall • Pacific Properties
Mls Name: RMLS (OR)
Mls ID: #121697874