731 Elrod AveCoos BayOR97420
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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
Investment Highlights
Investment property for sale in Coos Bay at 731 Elrod Ave, Coos Bay, OR, 97420 at $275,000 posts ROI 22.34% with $185/mo cash flow from $1,845/mo rent. Total monthly income equals $1,845/mo, and annual cash flow records $2,220/yr on $91,163 to close. Return on cash invested measures 22.34% and rental yield reads 8.05% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 115.76% and total cumulative return in cash totals $105,527.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,845/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1913
3,049 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,524
Single Family
11,117
Multi-Family
407
Businesses
1,061
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