838 Chetco Point TerBrookingsOR97415
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 Brookings at 838 Chetco Point Ter, Brookings, OR, 97415 uses $69,615 cash to close to unlock $31,803/yr annual cash flow and $2,650/mo monthly cash flow. Total monthly income runs $3,918/mo, and a $1,028/mo payment keeps the spread at $2,650/mo. Purchase price stands at $210,000, and rental yield measures 22.39% with $3,918/mo rent. Return on cash invested shows 65.59% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 347.67% and total cumulative return in cash records $242,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,918/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97415, Brookings, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 4,962 (61.2%) |
| Renter Occupied HU | 2,028 (25.0%) |
| Vacant Housing Units | 1,121 (13.8%) |
| Median Home Value | $451,211 |
| Average Home Value | $513,728 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
6,020
Multi-Family
267
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices