63625 N Spring 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
Rental property for sale in Coos bay at 63625 N Spring Rd, Coos bay, OR, 97420 generates $1,470/mo in rent, after a $1,219/mo payment. Total monthly income is $1,470/mo. Return on cash invested sits at 19.43% in year one, and rental yield is 7.08% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 100.06% and total cumulative return in cash sums $82,592. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,470/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
5,227 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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