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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Alsea at 19635 Honey Grove Rd, Alsea, OR, 97324 offers a 4.01% rental yield on a $475,000 purchase with $1,588/mo rent. 16% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 50.36% and total cumulative return in cash at $79,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,588/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97324, Alsea, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 603 (100%) |
| Owner Occupied HU | 397 (65.8%) |
| Renter Occupied HU | 100 (16.6%) |
| Vacant Housing Units | 106 (17.6%) |
| Median Home Value | $587,924 |
| Average Home Value | $628,822 |
Residential
367
Single Family
367
Multi-Family
0
Businesses
36
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: MORIAH AVERY • Investment Realty, Inc.
Mls Name: WVMLS
Mls ID: #831101
