467 Slide Creek RdMyrtle CreekOR97457
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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 Myrtle Creek at 467 Slide Creek Rd, Myrtle Creek, OR, 97457 offers $1,200/mo rent that, after a $3,181/mo payment. Total monthly income is $1,200/mo. Return on cash invested measures 4.78% in year one, and rental yield stands at 2.22% at a $649,900 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,555 by year five. Five-year ROI records 21.48% and total cumulative return in cash reaches $45,930. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
150 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97457, Myrtle Creek, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,687 (100%) |
| Owner Occupied HU | 3,189 (68.0%) |
| Renter Occupied HU | 1,167 (24.9%) |
| Vacant Housing Units | 331 ( 7.1%) |
| Median Home Value | $402,135 |
| Average Home Value | $458,837 |
Housing Distribution
Address Breakdown
Residential
3,406
Single Family
3,400
Multi-Family
6
Businesses
199
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Listed by: Aaron Daniel • Lamonte Real Estate Professionals
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #270375390
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 2025-07-18 12:54:04 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.