248 Logsden RdSiletzOR97380
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 Siletz at 248 Logsden Rd, Siletz, OR, 97380 at $460,000 posts ROI 21.34% with $182/mo cash flow from $2,958/mo rent. Total monthly income equals $2,958/mo, and annual cash flow records $2,182/yr on $152,490 to close. Return on cash invested measures 21.34% and rental yield reads 7.72% at the current $460,000. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 by year five. Five-year ROI prints 110.31% and total cumulative return in cash totals $168,217.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,958/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97380, Siletz, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,057 (100%) |
| Owner Occupied HU | 757 (71.6%) |
| Renter Occupied HU | 211 (20.0%) |
| Vacant Housing Units | 89 ( 8.4%) |
| Median Home Value | $422,928 |
| Average Home Value | $501,711 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
420
Multi-Family
3
Businesses
42
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