29182 Kerber DrGold BeachOR97444
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 Gold Beach at 29182 Kerber Dr, Gold Beach, OR, 97444 generates $2,880/mo in rent and, after a $2,251/mo payment, leaves $104/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $1,246/yr on $152,490 invested. Return on cash invested sits at 20.73% in year one, and rental yield is 7.51% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 107.02% and total cumulative return in cash sums $163,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97444, Gold Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,219 (100%) |
| Owner Occupied HU | 1,900 (59.0%) |
| Renter Occupied HU | 709 (22.0%) |
| Vacant Housing Units | 610 (18.9%) |
| Median Home Value | $495,991 |
| Average Home Value | $541,466 |
Housing Distribution
Address Breakdown
Residential
1,870
Single Family
1,813
Multi-Family
57
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Hensley • RE/MAX Ultimate Coastal Properties
Mls Name: RMLS (OR)
Mls ID: #571588451