728 NW James Franks AveSiletzOR97380
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
Rental property for sale in Siletz at 728 NW James Franks Ave, Siletz, OR, 97380 generates $2,136/mo in rent, after a $2,080/mo payment. Total monthly income is $2,136/mo. Return on cash invested sits at 16.25% in year one, and rental yield is 6.03% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 83.03% and total cumulative return in cash sums $116,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,136/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97380, Siletz, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,057 (100%) |
| Owner Occupied HU | 757 (71.6%) |
| Renter Occupied HU | 211 (20.0%) |
| Vacant Housing Units | 89 ( 8.4%) |
| Median Home Value | $422,928 |
| Average Home Value | $501,711 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
420
Multi-Family
3
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices