468 Merlee CirEagle PtOR97524
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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 Eagle Pt at 468 Merlee Cir, Eagle Pt, OR, 97524 priced at $369,000 converts $2,602/mo rent into $375/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,602/mo, and annual cash flow totals $4,497/yr on $122,324 invested. Return on cash invested prints 23.59% in year one, and rental yield reads 8.46% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 122.35% and total cumulative return in cash sums $149,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,602/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 2000
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97524, Eagle Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,769 (100%) |
| Owner Occupied HU | 5,062 (74.8%) |
| Renter Occupied HU | 1,361 (20.1%) |
| Vacant Housing Units | 346 ( 5.1%) |
| Median Home Value | $504,183 |
| Average Home Value | $567,364 |
Housing Distribution
Address Breakdown
Residential
6,233
Single Family
6,037
Multi-Family
196
Businesses
305
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