56060 Wheeler Rd, Bandon, OR, 97411 | 4.5% Rental Yield

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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

Total monthly income runs $2,994/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 4.5% with $2,994/mo rent. Return on cash invested shows 11.71% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 58.64% and total cumulative return in cash records $154,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $3,911/mo payment rather than investor’s personal income.

Single Family

Built in 1960

5.65 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