2040 11th St, Florence, OR, 97439 | 6.77% Rental Yield

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2040 11th St, Florence, OR, 97439 | 6.77% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Florence at 2040 11th St, Florence, OR, 97439 offers a 6.77% rental yield on a $489,000 purchase with $2,760/mo rent. 49% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 95.05% and total cumulative return in cash at $154,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this recently updated 3-bedroom, 2-bathroom home offering the perfect blend of comfort and style. Step through the tall, light-filled entryway into an inviting layout ideal for both relaxing and entertaining. The kitchen is a true centerpiece, featuring stainless steel appliances, under-cabinet lighting, a convenient island with extra storage, and plenty of counter space for meal prep. The adjacent dining area opens through a sliding glass door to a deck overlooking the sizeable backyard perfect for summer barbecues and gatherings. The primary suite provides a peaceful retreat with a walk-in closet, private en-suite bathroom, and direct access to the backyard and another deck through a sliding glass door. Two additional bedrooms and a second full bathroom complete the comfortable floor plan. Additional highlights include an attached 2-car garage, RV parking along the side of the home, and thoughtful modern updates throughout. Move-in ready and beautifully maintained, this home combines functionality and charm a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97439, Florence, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,358 (100%)
Owner Occupied HU	5,722 (61.1%)
Renter Occupied HU	2,076 (22.2%)
Vacant Housing Units	1,560 (16.7%)
Median Home Value	$526,815
Average Home Value	$571,760