2061 45th St, Florence, OR, 97439 | $714/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2061 45th St, Florence, OR, 97439 | $714/mo Cash Flow | 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 2061 45th St, Florence, OR, 97439 uses $112,379 cash to close to unlock $8,568/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,659/mo payment keeps the spread at $714/mo. Purchase price stands at $339,000, and rental yield measures 9.77% with $2,760/mo rent. Return on cash invested shows 27.53% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 143.52% and total cumulative return in cash records $161,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,659/mo payment rather than investor’s personal income.

Single Family

Built in 1977

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

This three-bedroom, two bath home sits on almost a 1/3 of an acre lot. With the conveniences of town, but within a quiet neighborhood at the edge of a cul de sac, there is the feel of seclusion within the city. The outdoor amenities are plentiful, including the front yard and enclosed front deck, fully fenced backyard, flower beds and raised garden beds and a sizable covered back patio. Not to mention, there is a studio/workshop off the back of the garage and an enclosed carport attached to the garage, a great spot for a greenhouse, small boat or added storage. Inside there is a large living space with 2 access points to the backyard. This home is ready for a new owner to bring their personal touches and make it their own.

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