490 4th St SWBandonOR97411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bandon at 490 4th St SW, Bandon, OR, 97411 generates $2,560/mo in rent, after a $4,160/mo payment. Total monthly income is $2,560/mo. Return on cash invested sits at 9.03% in year one, and rental yield is 3.61% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 44.27% and total cumulative return in cash sums $123,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97411, Bandon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,639 (58.3%) |
| Renter Occupied HU | 1,099 (24.3%) |
| Vacant Housing Units | 791 (17.5%) |
| Median Home Value | $509,572 |
| Average Home Value | $507,381 |
Housing Distribution
Address Breakdown
Residential
3,603
Single Family
3,473
Multi-Family
130
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices