531 S 1st StCentral PointOR97502
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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 Central Point at 531 S 1st St, Central Point, OR, 97502 generates $2,634/mo in rent and, after a $1,855/mo payment, leaves $346/mo in cash flow. Total monthly income is $2,634/mo, and annual cash flow is $4,156/yr on $125,639 invested. Return on cash invested sits at 23.22% in year one, and rental yield is 8.34% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash sums $151,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,634/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97502, Central Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,057 (100%) |
| Owner Occupied HU | 8,449 (70.1%) |
| Renter Occupied HU | 3,233 (26.8%) |
| Vacant Housing Units | 375 ( 3.1%) |
| Median Home Value | $456,589 |
| Average Home Value | $512,961 |
Housing Distribution
Address Breakdown
Residential
11,805
Single Family
11,171
Multi-Family
634
Businesses
1,016
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Listed by: N/A • Evimero Realty Southern Oregon LLC
Mls Name: Oregon Datashare
Mls ID: #220209432