








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


Investment property for sale in Coos Bay at 290 N 3rd Ct APT 7, Coos Bay, OR, 97420 offers a 7.56% rental yield on a $255,000 purchase with $1,606/mo rent. 18% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 79.33% and total cumulative return in cash at $67,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,606/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 97420, Coos Bay, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,944 (100%) |
| Owner Occupied HU | 7,600 (58.7%) |
| Renter Occupied HU | 4,062 (31.4%) |
| Vacant Housing Units | 1,282 ( 9.9%) |
| Median Home Value | $354,474 |
| Average Home Value | $391,284 |
Residential
11,524
Single Family
11,117
Multi-Family
407
Businesses
1,061
Date | Event | Price |
|---|---|---|
| 2025-08-13 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-17 | $2331.24 | 3.12% | $319,170 | -8.00% |
| 2023-08-17 | $2260.77 | 1.67% | $346,920 | 18.00% |
| 2022-08-17 | $2223.67 | 2.66% | $294,000 | 40.00% |



Listed by: Juli Whelchel • Coastal Sotheby's International Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #461943017
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-08-17 11:49:15 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.