241 16th StPort OrfordOR97465
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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 Port Orford at 241 16th St, Port Orford, OR, 97465 uses $125,970 cash to close to unlock $1,274/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,860/mo payment keeps the spread at $106/mo. Purchase price stands at $380,000, and rental yield measures 7.58% with $2,400/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 108.09% and total cumulative return in cash records $136,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in 2016
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97465, Port Orford, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,383 (100%) |
| Owner Occupied HU | 820 (59.3%) |
| Renter Occupied HU | 308 (22.3%) |
| Vacant Housing Units | 255 (18.4%) |
| Median Home Value | $426,636 |
| Average Home Value | $472,683 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
405
Multi-Family
2
Businesses
68
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Listed by: Sandra Anderson • Siskiyou Coast Realty
Mls Name: RMLS (OR)
Mls ID: #232376215