87630 Woodmere E, Florence, OR, 97439 | 5.97% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

87630 Woodmere E, Florence, OR, 97439 | 5.97% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1952 sft

100 Rhododendron Dr, Florence, OR, 97439

3 Bed
2 Bath
1746 sft

61 Spyglass Ln, Florence, OR, 97439

3 Bed
2 Bath
2020 sft

4080 Caddington Ln, Florence, OR, 97439

3 Bed
2 Bath
1428 sft

53 Blue Water Ct, Florence, OR, 97439

Nearby investment properties with comparable prices

3 Bed
3 Bath
1666 sft

89 Sailors Ravine Ct, Florence, OR, 97439

2 Bed
2 Bath
1864 sft

1037 Royal Saint Georges Dr, Florence, OR, 97439

4 Bed
3 Bath
2004 sft

2157 Royal Saint Georges Dr, Florence, OR, 97439

2 Bed
1 Bath
1200 sft

125 11th St, Florence, OR, 97439

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,760/mo, and a $2,716/mo payment. Purchase price stands at $555,000, and rental yield measures 5.97% with $2,760/mo rent. Return on cash invested shows 16.19% in year one, and 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 82.65% and total cumulative return in cash records $150,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $2,716/mo payment rather than investor’s personal income.

Single Family

Built in 1996

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Back on the market and better than before! This unique 3 bedroom, 3 bathroom home sits on a corner lot at the end of a quiet cul-de-sac. The thoughtful floor plan features two bedrooms and a full bath in a separate wing off the foyer. French doors at the end of the foyer separate the living room and primary bedroom. A rare, full, his and hers bathrooms are located off the primary bedroom; as well as a walk-in closet with skylight. The bright, open kitchen offers a walk-in pantry, and dining area full of windows for natural light. The living room features large picture windows that frame the views of the surrounding trees, and newer flooring adds warmth to the space. A private patio off the sitting room is perfect for summer barbecues. The attached two-car garage has a separate workshop/hobby space. Adjacent to the large parking pad there is RV parking with electrical hookup, and a separate tool shed. Surrounded by greenery, the property offers natural privacy and a warm escape from the everyday. The layout is perfect for multi-generational living, or those who value separation of space. Ready for your updates, this home offers the opportunity to build equity while personalizing it to make it your own.

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