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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Myrtle Point at 405 B St, Myrtle Point, OR, 97458 at $275,000 posts ROI 10.62% with from $954/mo rent. Total monthly income equals $954/mo. Return on cash invested measures 10.62% and rental yield reads 4.16% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 52.86% and total cumulative return in cash totals $48,191. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2022
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97458, Myrtle Point, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,407 (65.9%) |
| Renter Occupied HU | 518 (24.3%) |
| Vacant Housing Units | 209 ( 9.8%) |
| Median Home Value | $296,076 |
| Average Home Value | $389,703 |
Residential
1,886
Single Family
1,881
Multi-Family
5
Businesses
157
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ricky Ostle • Johnson Group Real Estate, LLC
Mls Name: RMLS (OR)
Mls ID: #233710636
