7724 Lower Smith River RdReedsportOR97467
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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 Reedsport at 7724 Lower Smith River Rd, Reedsport, OR, 97467 offers a 5.75% rental yield on a $424,300 purchase with $2,034/mo rent. 41% in year one. Equity gained on principal adds $2,738/yr while 5% annual appreciation supports $117,226 over five years. Portfolio math shows five-year ROI at 78.52% and total cumulative return in cash at $110,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $2,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
236.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97467, Reedsport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,121 (100%) |
| Owner Occupied HU | 1,829 (58.6%) |
| Renter Occupied HU | 820 (26.3%) |
| Vacant Housing Units | 472 (15.1%) |
| Median Home Value | $337,892 |
| Average Home Value | $347,285 |
Housing Distribution
Address Breakdown
Residential
2,570
Single Family
2,570
Multi-Family
0
Businesses
275
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