2545 Meridian RdEagle PtOR97524
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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 Eagle Pt at 2545 Meridian Rd, Eagle Pt, OR, 97524 offers a 5.14% rental yield on a $557,500 purchase with $2,386/mo rent. 65% in year one. Equity gained on principal adds $3,597/yr while 5% annual appreciation supports $154,027 over five years. Portfolio math shows five-year ROI at 69.06% and total cumulative return in cash at $126,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,386/mo property income against a $2,729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97524, Eagle Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,769 (100%) |
| Owner Occupied HU | 5,062 (74.8%) |
| Renter Occupied HU | 1,361 (20.1%) |
| Vacant Housing Units | 346 ( 5.1%) |
| Median Home Value | $504,183 |
| Average Home Value | $567,364 |
Housing Distribution
Address Breakdown
Residential
6,233
Single Family
6,037
Multi-Family
196
Businesses
305
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