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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% |
Rental property for sale in Florence at 428 Sherwood Loop, Florence, OR, 97439 priced at $464,600 converts $1,976/mo rent into after a $2,274/mo obligation. Total monthly income equals $1,976/mo. Return on cash invested prints 12.58% in year one, and rental yield reads 5.1% against a $464,600 entry. Equity gained on principal adds $2,998/yr, while 5% annual appreciation compiles into $128,360 by year five. Five-year ROI reaches 63.68% and total cumulative return in cash sums $98,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,976/mo property income covering a $2,274/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
0.28 Acres lot
$N/A/sqft
$112 monthly HOA
Neighborhood data shown for ZIP Code: 97439, Florence, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,722 (61.1%) |
| Renter Occupied HU | 2,076 (22.2%) |
| Vacant Housing Units | 1,560 (16.7%) |
| Median Home Value | $526,815 |
| Average Home Value | $571,760 |
Residential
7,674
Single Family
7,218
Multi-Family
456
Businesses
655
Date | Event | Price |
|---|---|---|
| 1998-04-22 | Sold | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $3272.71 | 2.85% | $239,805 | 3.00% |
| 2023-10-24 | $3182.10 | 4.22% | $232,821 | 3.00% |
| 2022-10-24 | $3053.26 | 2.10% | $226,040 | 3.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
