28 Easy StFlorenceOR97439
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
Rental property for sale in Florence at 28 Easy St, Florence, OR, 97439 priced at $149,900 converts $1,139/mo rent into $234/mo cash flow after a $734/mo obligation. Total monthly income equals $1,139/mo, and annual cash flow totals $2,806/yr on $49,692 invested. Return on cash invested prints 25.56% in year one, and rental yield reads 9.12% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 132.94% and total cumulative return in cash sums $66,059. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,139/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2005
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97439, Florence, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,722 (61.1%) |
| Renter Occupied HU | 2,076 (22.2%) |
| Vacant Housing Units | 1,560 (16.7%) |
| Median Home Value | $526,815 |
| Average Home Value | $571,760 |
Housing Distribution
Address Breakdown
Residential
7,674
Single Family
7,218
Multi-Family
456
Businesses
655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices