422 Washington StKlamath FallsOR97601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Klamath Falls rentals match the income profile of 422 Washington St, Klamath Falls, OR, 97601. Listed at $224,900, gross rent is $1,877/mo and net cash flow is $519/mo, a 10.01% yield well above national averages. DSCR 1.86 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $62,136 by year five with $2,071/yr in annual principal reduction, projecting $118,623 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.4% |
| Monthly Cash Flow | $519 | $650 |
City averages based on Klamath Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,877 |
| Total Monthly Debt Service | $1,268 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1908
6,534 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
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
Single Family
Built in 1908
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Coldwell Banker Holman Premier
Mls Name: Oregon Datashare
Mls ID: #220209631