65721 Grays Corner Rd, Cove, OR, 97824 | $1,108/mo Cash Flow

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

Investment property for sale in Cove at 65721 Grays Corner Rd, Cove, OR, 97824 earns $1,108/mo cash flow from $3,704/mo rent with a $2,105/mo payment. Total monthly income totals $3,704/mo, and annual cash flow totals $13,297/yr on $142,545 capital. ROI tracks 29.24% on current figures, and rental yield reads 10.34% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 152.69% and total cumulative return in cash sums $217,659. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,704/mo property income instead of your personal income.

Single Family

Built in 1977

13.24 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 97824, Cove, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	723 (100%)
Owner Occupied HU	563 (77.9%)
Renter Occupied HU	117 (16.2%)
Vacant Housing Units	43 ( 5.9%)
Median Home Value	$450,699
Average Home Value	$505,733