94244 3rd StGold 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 94244 3rd St, Gold Beach, OR, 97444 offers a 10.74% rental yield on a $295,000 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,444/mo payment leaves $859/mo available for distribution. Annual cash flow reaches $10,311/yr on $97,793 to close, and return on cash invested stands at 30.45% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 159.2% and total cumulative return in cash at $155,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
5,227 sqft 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: Mary Stansell • Century 21 Agate Realty/Gold
Mls Name: RMLS (OR)
Mls ID: #435610829