723 N 8th St, Coos Bay, OR, 97420 | $457/mo Cash Flow

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723 N 8th St, Coos Bay, OR, 97420 | $457/mo Cash Flow | Ziffy

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 Coos Bay at 723 N 8th St, Coos Bay, OR, 97420 listed at $480,000 pairs $3,354/mo rent with a $2,349/mo payment to leave $457/mo cash flow. Total monthly income runs $3,354/mo, and annual cash flow reaches $5,484/yr on $159,120 cash to close. Return on cash invested measures 23.36% in year one, and rental yield registers 8.38% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Five-year ROI tracks 121.11% and total cumulative return in cash totals $192,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,354/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1994

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Located in the HIGHLY SOUGHT-AFTER TELEGRAPH HILL/MINGUS PARK AREA, this CUSTOM CONTEMPORARY HOME offers 2,239 SF of THOUGHTFULLY DESIGNED LIVING SPACE with 3 SPACIOUS BEDROOMS and 2.5 BEAUTIFULLY APPOINTED BATHROOMS. Nestled on a QUIET LOOP, this IMMACULATE RESIDENCE boasts an OPEN-CONCEPT LAYOUT with a COZY FIREPLACE, ELEGANT COVED CEILINGS, and a GOURMET KITCHEN featuring HIGH-END STAINLESS STEEL APPLIANCES, RICH CHERRY CABINETS, and both FORMAL and EAT-IN DINING AREAS. FRENCH DOORS lead to the MAIN LEVEL MASTER SUITE, complete with a LUXURIOUS BATHROOM, TILED SOAKING TUB, DUAL-HEAD SHOWER, and a MASSIVE WALK-IN CLOSET. The LOWER LEVEL offers a VERSATILE FAMILY ROOM with SLIDER to the DECK, two GENEROUSLY SIZED BEDROOMS, and a FULL BATHROOM with an EXTRA-LARGE TUB PERFECT for GUESTS or a PRIVATE KIDS RETREAT. With EXPANSIVE DECKS, a MAIN-LEVEL LAUNDRY ROOM with HALF BATH, and ABUNDANT STORAGE, this TURNKEY HOME combines FUNCTIONALITY with STYLE. Enjoy the SHORT DISTANCE to MINGUS PARK, the POOL, and just MINUTES to the HOSPITAL, SCHOOLS, and all the AMENITIES of CENTRAL COOS BAY. This is the ONE youve been WAITING for!!

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