1924 Garfield StNorth BendOR97459
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 North Bend at 1924 Garfield St, North Bend, OR, 97459 offers a 9.82% rental yield on a $303,500 purchase with $2,483/mo rent. Total monthly income registers $2,483/mo, and a $1,485/mo payment leaves $652/mo available for distribution. Annual cash flow reaches $7,818/yr on $100,610 to close, and return on cash invested stands at 27.68% in year one. Equity gained on principal adds $1,958/yr while 5% annual appreciation supports $83,851 over five years. Portfolio math shows five-year ROI at 144.33% and total cumulative return in cash at $145,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,483/mo property income against a $1,485/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Bacon • Cascade Heritage Real Estate Group
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #133682764
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-12-26 05:09:21 PST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.