204 Alder StBrookingsOR97415
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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 Brookings at 204 Alder St, Brookings, OR, 97415 priced at $397,500 pairs $2,640/mo rent with $240/mo cash flow after a $1,946/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $2,882/yr on $131,771 invested. Return on cash invested is 22.1% in year one, and rental yield stands at 7.97% on a $397,500 basis. Equity gained on principal adds $2,565/yr, and 5% annual appreciation accumulates to $109,822 by year five. Five-year ROI measures 114.39% and total cumulative return in cash reaches $150,731. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,946/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97415, Brookings, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 4,962 (61.2%) |
| Renter Occupied HU | 2,028 (25.0%) |
| Vacant Housing Units | 1,121 (13.8%) |
| Median Home Value | $451,211 |
| Average Home Value | $513,728 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
6,020
Multi-Family
267
Businesses
699
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