83505 S Cove WayFlorenceOR97439
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 Florence at 83505 S Cove Way, Florence, OR, 97439 listed at $1,698,300 pairs $4,507/mo rent with a $8,312/mo payment. Total monthly income runs $4,507/mo. Return on cash invested measures 7.84% in year one, and rental yield registers 3.18% at a $1,698,300 basis. Equity gained on principal adds $10,959/yr, and annual property appreciation at 5% supports $469,209 by year five. Five-year ROI tracks 37.84% and total cumulative return in cash totals $208,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,507/mo property income relative to a $8,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97439, Florence, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,722 (61.1%) |
| Renter Occupied HU | 2,076 (22.2%) |
| Vacant Housing Units | 1,560 (16.7%) |
| Median Home Value | $526,815 |
| Average Home Value | $571,760 |
Housing Distribution
Address Breakdown
Residential
7,674
Single Family
7,218
Multi-Family
456
Businesses
655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
