219 Schooner Bay DrBrookingsOR97415
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
Rental property for sale in Brookings at 219 Schooner Bay Dr, Brookings, OR, 97415 priced at $675,000 pairs $2,520/mo rent with after a $3,304/mo payment. Total monthly income equals $2,520/mo. Return on cash invested is 11.66% in year one, and rental yield stands at 4.48% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 58.38% and total cumulative return in cash reaches $129,639. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
3,049 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices