845 Manzanita StCentral PointOR97502
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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
Rental property for sale in Central Point at 845 Manzanita St, Central Point, OR, 97502 generates $1,759/mo in rent and, after a $1,219/mo payment, leaves $256/mo in cash flow. Total monthly income is $1,759/mo, and annual cash flow is $3,069/yr on $82,544 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 8.48% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 122.58% and total cumulative return in cash sums $101,180. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,759/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97502, Central Point, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,057 (100%) |
| Owner Occupied HU | 8,449 (70.1%) |
| Renter Occupied HU | 3,233 (26.8%) |
| Vacant Housing Units | 375 ( 3.1%) |
| Median Home Value | $456,589 |
| Average Home Value | $512,961 |
Housing Distribution
Address Breakdown
Residential
11,805
Single Family
11,171
Multi-Family
634
Businesses
1,016
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Listed by: N/A • Invest Rite Realty Group, LLC
Mls Name: Oregon Datashare
Mls ID: #220211836