566 N Bear Creek Rd, Otis, OR, 97368 | $5/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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566 N Bear Creek Rd, Otis, OR, 97368 | $5/mo Cash Flow | 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 Otis at 566 N Bear Creek Rd, Otis, OR, 97368 priced at $425,000 pairs $2,570/mo rent with $5/mo cash flow after a $2,080/mo payment. Total monthly income equals $2,570/mo, and annual cash flow comes to $57/yr on $140,888 invested. Return on cash invested is 19.95% in year one, and rental yield stands at 7.26% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 102.85% and total cumulative return in cash reaches $144,905. For financing, Ziffy Mortgage’s DSCR program evaluates $2,570/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1930

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Thoughtfully renovated CREEK FRONT home has heart and soul, combining classic charm with creative modern updates. Tastefully remodeled kitchen boasts solid butcher block countertops, gleaming tile backsplash, stainless steel appliances & walk in pantry. Other updates include a new roof, updated bathroom, attic insulation, flooring, tankless water heater, all new electrical, generator interface & a certified wood burning fireplace to stay cozy & warm. Generously sized workshop w/high ceilings provides an abundance of space for hobbies, professional work & storage & it is powered by a newly installed electrical panel. Let your pets run freely in the spacious fenced in yard with a covered dog run. The backyard oasis features a dedicated trail leading to your very own personal creek retreat.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97368, Otis, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,862 (100%)
Owner Occupied HU	1,216 (65.3%)
Renter Occupied HU	286 (15.4%)
Vacant Housing Units	360 (19.3%)
Median Home Value	$381,203
Average Home Value	$406,891