447 Shorepines PlCoos BayOR97420
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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 Coos Bay at 447 Shorepines Pl, Coos Bay, OR, 97420 uses $51,383 cash to close to unlock $6,408/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $1,470/mo, and a $759/mo payment keeps the spread at $534/mo. Purchase price stands at $155,000, and rental yield measures 11.38% with $1,470/mo rent. Return on cash invested shows 32.38% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 169.63% and total cumulative return in cash records $87,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,470/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97420, Coos Bay, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,944 (100%) |
| Owner Occupied HU | 7,600 (58.7%) |
| Renter Occupied HU | 4,062 (31.4%) |
| Vacant Housing Units | 1,282 ( 9.9%) |
| Median Home Value | $354,474 |
| Average Home Value | $391,284 |
Housing Distribution
Address Breakdown
Residential
11,524
Single Family
11,117
Multi-Family
407
Businesses
1,061
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Listed by: Melanee Woodman • Ocean Dunes Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #491533026
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-03-23 12:00:32 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.