Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Reedsport at 241 N 21st St, Reedsport, OR, 97467 offers a 8.35% rental yield on a $335,000 purchase with $2,332/mo rent. Total monthly income registers $2,332/mo, and a $1,640/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,714/yr on $111,053 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 120.6% and total cumulative return in cash at $133,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,332/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97467, Reedsport, OR area.
| 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 |
Residential
2,570
Single Family
2,570
Multi-Family
0
Businesses
275
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Elizabeth Bailey • Central Coast Realty
Mls Name: RMLS (OR)
Mls ID: #615515614
