29700 Park DrGold BeachOR97444
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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
Investment property for sale in Gold Beach at 29700 Park Dr, Gold Beach, OR, 97444 earns from $2,340/mo rent with a $2,418/mo payment. Total monthly income totals $2,340/mo. ROI tracks 15.2% on current figures, and rental yield reads 5.68% at a $494,000 purchase. Equity gained on principal adds $3,188/yr, and 5% annual appreciation supports $136,483 over five years. Five-year ROI reaches 77.44% and total cumulative return in cash sums $126,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 1960
6,098 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
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Listed by: Kathleen Workman • RE/MAX Ultimate Coastal Properties
Mls Name: RMLS (OR)
Mls ID: #406502261