2937 Front StKlamath FallsOR97601
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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
Rental property for sale in Klamath Falls at 2937 Front St, Klamath Falls, OR, 97601 priced at $599,000 converts $2,911/mo rent into after a $2,932/mo obligation. Total monthly income equals $2,911/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 5.83% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 80.41% and total cumulative return in cash sums $158,470. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,911/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97601, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,324 (100%) |
| Owner Occupied HU | 5,711 (50.4%) |
| Renter Occupied HU | 4,326 (38.2%) |
| Vacant Housing Units | 1,287 (11.4%) |
| Median Home Value | $352,051 |
| Average Home Value | $395,890 |
Housing Distribution
Address Breakdown
Residential
10,331
Single Family
9,746
Multi-Family
585
Businesses
1,160
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Listed by: N/A • Windermere Real Estate Kf
Mls Name: Oregon Datashare
Mls ID: #220210601