224 S Broad AveKlamath FallsOR97601
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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
Investment property for sale in Klamath Falls at 224 S Broad Ave, Klamath Falls, OR, 97601 at $1,000,000 posts ROI 3.72% with from $1,556/mo rent. Total monthly income equals $1,556/mo. Return on cash invested measures 3.72% and rental yield reads 1.87% at the current $1,000,000. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,282 by year five. Five-year ROI prints 15.78% and total cumulative return in cash totals $51,928. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,556/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97601, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,324 (100%) |
| Owner Occupied HU | 5,711 (50.4%) |
| Renter Occupied HU | 4,326 (38.2%) |
| Vacant Housing Units | 1,287 (11.4%) |
| Median Home Value | $352,051 |
| Average Home Value | $395,890 |
Housing Distribution
Address Breakdown
Residential
10,331
Single Family
9,746
Multi-Family
585
Businesses
1,160
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Nearby investment properties with comparable prices
Listed by: JORDAN SPARKS • Smi Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #829501
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.