317 Manzanita DrFlorenceOR97439
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 Florence at 317 Manzanita Dr, Florence, OR, 97439 priced at $299,500 pairs $2,274/mo rent with $321/mo cash flow after a $1,466/mo payment. Total monthly income equals $2,274/mo, and annual cash flow comes to $3,853/yr on $99,284 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 9.11% on a $299,500 basis. Equity gained on principal adds $1,933/yr, and 5% annual appreciation accumulates to $82,746 by year five. Five-year ROI measures 124.13% and total cumulative return in cash reaches $123,239. For financing, Ziffy Mortgage’s DSCR program evaluates $2,274/mo property income against a $1,466/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
7,405 sqft lot
$N/A/sqft
$145 monthly 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
Listed by: Dale Saari • Windermere Real Estate Lane County
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #769506334
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 2025-05-29 12:26:28 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.