61007 Old Wagon RdCoos BayOR97420
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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
Investment property for sale in Coos Bay at 61007 Old Wagon Rd, Coos Bay, OR, 97420 listed at $685,000 pairs $3,354/mo rent with a $3,353/mo payment. Total monthly income runs $3,354/mo. Return on cash invested measures 15.9% in year one, and rental yield registers 5.88% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 81.11% and total cumulative return in cash totals $182,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,354/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1913
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97420, Coos Bay, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,944 (100%) |
| Owner Occupied HU | 7,600 (58.7%) |
| Renter Occupied HU | 4,062 (31.4%) |
| Vacant Housing Units | 1,282 ( 9.9%) |
| Median Home Value | $354,474 |
| Average Home Value | $391,284 |
Housing Distribution
Address Breakdown
Residential
11,524
Single Family
11,117
Multi-Family
407
Businesses
1,061
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