2281 Loon Lake RdReedsportOR97467
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
Investment property for sale in Reedsport at 2281 Loon Lake Rd, Reedsport, OR, 97467 offers a 6.99% rental yield on a $245,000 purchase with $1,428/mo rent. 16% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 98.67% and total cumulative return in cash at $80,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,428/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97467, Reedsport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 1,829 (58.6%) |
| Renter Occupied HU | 820 (26.3%) |
| Vacant Housing Units | 472 (15.1%) |
| Median Home Value | $337,892 |
| Average Home Value | $347,285 |
Housing Distribution
Address Breakdown
Residential
2,570
Single Family
2,570
Multi-Family
0
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices