620 N 9th StCoos 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 620 N 9th St, Coos Bay, OR, 97420 offers a 9.47% rental yield on a $425,000 purchase with $3,354/mo rent. Total monthly income registers $3,354/mo, and a $2,080/mo payment leaves $789/mo available for distribution. Annual cash flow reaches $9,465/yr on $140,888 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 138.67% and total cumulative return in cash at $195,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,354/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
7,840 sqft 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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