66642 E Bay Rd, North Bend, OR, 97459 | $211/mo Cash Flow

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66642 E Bay Rd, North Bend, OR, 97459 | $211/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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3726 Stanton Ave, North Bend, OR, 97459

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 North Bend at 66642 E Bay Rd, North Bend, OR, 97459 uses $41,438 cash to close to unlock $2,535/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $966/mo, and a $612/mo payment keeps the spread at $211/mo. Purchase price stands at $125,000, and rental yield measures 9.27% with $966/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 135.57% and total cumulative return in cash records $56,177. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $966/mo property income covering a $612/mo payment rather than investor’s personal income.

Manufactured

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

Located on an extra large lot, with plenty of parking for your RV/Boat/Trailer/Toys and an oversized carport (2-car, extra deep) in North Bayside Estates (55+ Park). This 2bed/1.5bath is bigger on the inside! Well cared for with high ceilings throughout - the kitchen boasts newer stainless propane stove and stainless steel fridge, lots of storage, a large island and floor to ceiling bay windows. Living room includes Electric Fireplace. The Master fits a king bed with ease, and has a large closet, ceiling fans, and direct bathroom access. Main bath has walk-in shower. The second bedroom is currently being used as an office. The addition (10x16) houses a half bath and work room with pantry and large scrub sink. The completely enclosed back porch provides the relaxing features of a Jacuzzi Hot Tub (2020) with circulation to avoid moisture buildup. The yard is nicely appointed, gravel on the east side, patio facing the west, and flowers. Fence and gates are built to enclose the entire lot, yet "movable" to allow for additional trailer access. Top the whole thing off with a large covered front deck, additional Rubbermaid storage buildings strategically placed outside for all the yard tools, and a 2 story Barn Shed (12x12) with lofted storage, shelving, and workbenches. (Park approval required prior to purchase. Space Rent $616/mo. Speed Limit 10mph) Schedule your appointment to see all the extras today! This property comes with the furnishings seen in the photos.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97459, North Bend, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,024 (100%)
Owner Occupied HU	4,148 (59.1%)
Renter Occupied HU	2,113 (30.1%)
Vacant Housing Units	763 (10.9%)
Median Home Value	$383,808
Average Home Value	$449,228