94120 Strahan St SPACE 3Gold BeachOR97444
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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 Gold Beach at 94120 Strahan St SPACE 3, Gold Beach, OR, 97444 uses $59,007 cash to close to unlock $3,465/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,363/mo, and a $871/mo payment keeps the spread at $289/mo. Purchase price stands at $178,000, and rental yield measures 9.19% with $1,363/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 134.14% and total cumulative return in cash records $79,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,363/mo property income covering a $871/mo payment rather than investor’s personal income.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97444, Gold Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,219 (100%) |
| Owner Occupied HU | 1,900 (59.0%) |
| Renter Occupied HU | 709 (22.0%) |
| Vacant Housing Units | 610 (18.9%) |
| Median Home Value | $495,991 |
| Average Home Value | $541,466 |
Housing Distribution
Address Breakdown
Residential
1,870
Single Family
1,813
Multi-Family
57
Businesses
269
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Listed by: Katie Hensley • RE/MAX Ultimate Coastal Properties
Mls Name: RMLS (OR)
Mls ID: #442724235