








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 Cave Junction at 479 Addison Ln, Cave Junction, OR, 97523 generates $2,026/mo in rent and, after a $1,463/mo payment, leaves $222/mo in cash flow. Total monthly income is $2,026/mo, and annual cash flow is $2,660/yr on $99,119 invested. Return on cash invested sits at 22.59% in year one, and rental yield is 8.13% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash sums $116,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,026/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97523, Cave Junction, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,657 (100%) |
| Owner Occupied HU | 2,375 (64.9%) |
| Renter Occupied HU | 847 (23.2%) |
| Vacant Housing Units | 435 (11.9%) |
| Median Home Value | $377,258 |
| Average Home Value | $421,261 |
Residential
2,364
Single Family
2,360
Multi-Family
4
Businesses
241
Date | Event | Price |
|---|---|---|
| 2025-10-30 | Listed for sale | $299,000 |
| 2025-10-06 | Sold | $119,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1505.65 | 11.72% | $120,860 | 3.00% |
| 2023-11-02 | $1347.70 | 0.48% | $117,340 | N/A |
| 2022-11-02 | $1341.26 | 7.53% | $117,340 | 6.07% |



Listed by: N/A • eXp Realty, LLC
Mls Name: Oregon Datashare
Mls Provider:
Mls ID: #220211358
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