87996 Park LnBandonOR97411
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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 Bandon at 87996 Park Ln, Bandon, OR, 97411 uses $140,888 cash to close to unlock $5,145/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $2,080/mo payment keeps the spread at $429/mo. Purchase price stands at $425,000, and rental yield measures 8.45% with $2,994/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash records $172,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97411, Bandon, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,639 (58.3%) |
| Renter Occupied HU | 1,099 (24.3%) |
| Vacant Housing Units | 791 (17.5%) |
| Median Home Value | $509,572 |
| Average Home Value | $507,381 |
Housing Distribution
Address Breakdown
Residential
3,603
Single Family
3,473
Multi-Family
130
Businesses
376
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