2635 Darrow AveKlamath FallsOR97603
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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 Klamath Falls at 2635 Darrow Ave, Klamath Falls, OR, 97603 offers a 9.37% rental yield on a $358,000 purchase with $2,795/mo rent. Total monthly income registers $2,795/mo, and a $1,752/mo payment leaves $634/mo available for distribution. Annual cash flow reaches $7,611/yr on $118,677 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $2,310/yr while 5% annual appreciation supports $98,909 over five years. Portfolio math shows five-year ROI at 137.06% and total cumulative return in cash at $162,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,795/mo property income against a $1,752/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97603, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,657 (100%) |
| Owner Occupied HU | 9,019 (66.0%) |
| Renter Occupied HU | 3,900 (28.6%) |
| Vacant Housing Units | 738 ( 5.4%) |
| Median Home Value | $289,668 |
| Average Home Value | $315,767 |
Housing Distribution
Address Breakdown
Residential
13,177
Single Family
12,590
Multi-Family
587
Businesses
814
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Listed by: N/A • Windermere Real Estate Kf
Mls Name: Oregon Datashare
Mls ID: #220207694