703 C StMyrtle PointOR97458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Myrtle Point at 703 C St, Myrtle Point, OR, 97458 at $260,000 posts ROI 31.06% with $801/mo cash flow from $2,371/mo rent. Total monthly income equals $2,371/mo, and annual cash flow records $9,614/yr on $86,190 to close. Return on cash invested measures 31.06% and rental yield reads 10.94% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 162.51% and total cumulative return in cash totals $140,069.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,371/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97458, Myrtle Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,407 (65.9%) |
| Renter Occupied HU | 518 (24.3%) |
| Vacant Housing Units | 209 ( 9.8%) |
| Median Home Value | $296,076 |
| Average Home Value | $389,703 |
Housing Distribution
Address Breakdown
Residential
1,886
Single Family
1,881
Multi-Family
5
Businesses
157
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Listed by: Shai Cancino • Pacific Properties
Mls Name: RMLS (OR)
Mls ID: #741249301