2937 Munsel Lake RdFlorenceOR97439
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
Investment property for sale in Florence at 2937 Munsel Lake Rd, Florence, OR, 97439 uses $135,915 cash to close to unlock $3,419/yr annual cash flow and $285/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $2,007/mo payment keeps the spread at $285/mo. Purchase price stands at $410,000, and rental yield measures 8.08% with $2,760/mo rent. Return on cash invested shows 22.42% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 116.13% and total cumulative return in cash records $157,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1988
10,018 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