420 Walnut AveKlamath FallsOR97601
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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
Rental property for sale in Klamath Falls at 420 Walnut Ave, Klamath Falls, OR, 97601 generates $1,080/mo in rent and, after a $563/mo payment, leaves $386/mo in cash flow. Total monthly income is $1,080/mo, and annual cash flow is $4,629/yr on $38,123 invested. Return on cash invested sits at 32.05% in year one, and rental yield is 11.27% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 167.77% and total cumulative return in cash sums $63,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97601, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,324 (100%) |
| Owner Occupied HU | 5,711 (50.4%) |
| Renter Occupied HU | 4,326 (38.2%) |
| Vacant Housing Units | 1,287 (11.4%) |
| Median Home Value | $352,051 |
| Average Home Value | $395,890 |
Housing Distribution
Address Breakdown
Residential
10,331
Single Family
9,746
Multi-Family
585
Businesses
1,160
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Listed by: Reed Bright • Matin Real Estate
Mls Name: RMLS (OR)
Mls ID: #635336639