346 Del Norte LnBrookingsOR97415
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 Brookings at 346 Del Norte Ln, Brookings, OR, 97415 priced at $528,000 pairs $3,058/mo rent with after a $2,584/mo payment. Total monthly income equals $3,058/mo. Return on cash invested is 19.17% in year one, and rental yield stands at 6.95% on a $528,000 basis. Equity gained on principal adds $3,407/yr, and 5% annual appreciation accumulates to $145,877 by year five. Five-year ROI measures 98.66% and total cumulative return in cash reaches $171,387. For financing, Ziffy Mortgage’s DSCR program evaluates $3,058/mo property income against a $2,584/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97415, Brookings, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 4,962 (61.2%) |
| Renter Occupied HU | 2,028 (25.0%) |
| Vacant Housing Units | 1,121 (13.8%) |
| Median Home Value | $451,211 |
| Average Home Value | $513,728 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
6,020
Multi-Family
267
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rashell Parkinson • RE/MAX Coast and Country
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #106180493
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 2025-10-08 23:54:19 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.