239 Nevada StKlamath 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
Rental property for sale in Klamath Falls at 239 Nevada St, Klamath Falls, OR, 97601 priced at $265,000 converts $1,997/mo rent into $397/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,997/mo, and annual cash flow totals $4,770/yr on $87,848 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.04% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 131.78% and total cumulative return in cash sums $115,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,997/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,969 sqft 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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Listed by: N/A • Keller Williams Realty Southern Oregon
Mls Name: Oregon Datashare
Mls ID: #220205797