53531 Kokanee Way, La Pine, OR, 97739 | 4.45% Rental Yield

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Price: $300K - 500K

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53531 Kokanee Way, La Pine, OR, 97739 | 4.45% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in La Pine at 53531 Kokanee Way, La Pine, OR, 97739 generates $3,152/mo in rent, after a $4,160/mo payment. Total monthly income is $3,152/mo. Return on cash invested sits at 11.57% in year one, and rental yield is 4.45% 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 57.89% and total cumulative return in cash sums $161,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,152/mo property income rather than buyer’s personal income.

Single Family

Built in 1994

0.62 Acres lot

$N/A/sqft

No HOA

More details about the property

Step inside this riverside, custom-built home tucked away in the beautiful Wild River subdivision! This stick-built home was built in 1994, offering 1,837 square feet of living space. With 2 bedrooms, a bonus room, and a loft area, this home is light and bright with high ceilings, skylights, and large windows. This home shines with its forest-framed views of the river and warm wood accents! Open the doors and windows, sit on any deck for the peaceful sound of the Big Deschutes River. Built in bookcases, cozy fireplace, and a beautifully tiled kitchen are just some of the many interior features. Just off the garage, there is an additional hobby/storage room that could also serve as an additional living space. Other highlights of this property is the access to the Big Deschutes River right out your back door, paved roads, and trails just steps away. If you are looking for a full-time residence or part-time retreat where you can enjoy the true nature of Central Oregon living, this is it!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97739, La Pine, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,449 (100%)
Owner Occupied HU	4,818 (64.7%)
Renter Occupied HU	1,005 (13.5%)
Vacant Housing Units	1,626 (21.8%)
Median Home Value	$450,927
Average Home Value	$486,382