348 N 6th StCentral PtOR97502
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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 Central Pt at 348 N 6th St, Central Pt, OR, 97502 offers a 8.23% rental yield on a $329,000 purchase with $2,257/mo rent. Total monthly income registers $2,257/mo, and a $1,610/mo payment leaves $271/mo available for distribution. Annual cash flow reaches $3,257/yr on $109,064 to close, and return on cash invested stands at 22.9% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 118.67% and total cumulative return in cash at $129,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,257/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97502, Central Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,057 (100%) |
| Owner Occupied HU | 8,449 (70.1%) |
| Renter Occupied HU | 3,233 (26.8%) |
| Vacant Housing Units | 375 ( 3.1%) |
| Median Home Value | $456,589 |
| Average Home Value | $512,961 |
Housing Distribution
Address Breakdown
Residential
11,805
Single Family
11,171
Multi-Family
634
Businesses
1,016
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Listed by: N/A • John L. Scott Medford
Mls Name: Oregon Datashare
Mls ID: #220214433