








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in North Bend at 2479 Sherman Ave, North Bend, OR, 97459 priced at $339,000 converts $2,112/mo rent into $66/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,112/mo, and annual cash flow totals $792/yr on $112,379 invested. Return on cash invested prints 20.61% in year one, and rental yield reads 7.48% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 106.41% and total cumulative return in cash sums $119,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,112/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1913
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97459, North Bend, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 4,148 (59.1%) |
| Renter Occupied HU | 2,113 (30.1%) |
| Vacant Housing Units | 763 (10.9%) |
| Median Home Value | $383,808 |
| Average Home Value | $449,228 |
Residential
6,254
Single Family
5,877
Multi-Family
377
Businesses
585
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: Renee Asher • Mast Realty Group
Mls Name: RMLS (OR)
Mls ID: #137746483