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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Florence at 88632 3rd Ave, Florence, OR, 97439 generates $1,560/mo in rent, after a $3,549/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 5.89% in year one, and rental yield is 2.58% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 27.44% and total cumulative return in cash sums $65,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97439, Florence, OR area.
| 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 |
Residential
7,674
Single Family
7,218
Multi-Family
456
Businesses
655
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.
Listed by: Andy Johnson • Coldwell Banker Coast Real Est
Mls Name: RMLS (OR)
Mls ID: #525364879
