1893 Sunset LnMyrtle PointOR97458
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 Point at 1893 Sunset Ln, Myrtle Point, OR, 97458 earns $289/mo cash flow from $2,335/mo rent with a $1,659/mo payment. Total monthly income totals $2,335/mo, and annual cash flow totals $3,468/yr on $112,379 capital. ROI tracks 22.99% on current figures, and rental yield reads 8.27% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 119.17% and total cumulative return in cash sums $133,924. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,335/mo property income instead of your personal income.
Single Family
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Forbes • Pacific Properties
Mls Name: RMLS (OR)
Mls ID: #590496245