61040 S Queens Dr UNIT 18BendOR97702
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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 Bend at 61040 S Queens Dr UNIT 18, Bend, OR, 97702 offers a 9.41% rental yield on a $163,000 purchase with $1,278/mo rent. Total monthly income registers $1,278/mo, and a $798/mo payment leaves $294/mo available for distribution. Annual cash flow reaches $3,527/yr on $54,035 to close, and return on cash invested stands at 26.44% in year one. Equity gained on principal adds $1,052/yr while 5% annual appreciation supports $45,034 over five years. Portfolio math shows five-year ROI at 137.66% and total cumulative return in cash at $74,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,278/mo property income against a $798/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97702, Bend, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,763 (100%) |
| Owner Occupied HU | 16,588 (67.0%) |
| Renter Occupied HU | 5,996 (24.2%) |
| Vacant Housing Units | 2,179 ( 8.8%) |
| Median Home Value | $713,147 |
| Average Home Value | $816,349 |
Housing Distribution
Address Breakdown
Residential
23,196
Single Family
21,641
Multi-Family
1,555
Businesses
1,725
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