94246 1st 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
Rental property for sale in Gold Beach at 94246 1st St, Gold Beach, OR, 97444 generates $2,880/mo in rent and, after a $1,415/mo payment, leaves $1,135/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $13,621/yr on $95,804 invested. Return on cash invested sits at 34.13% in year one, and rental yield is 11.96% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 178.93% and total cumulative return in cash sums $171,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
6,969 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: Benjamin Stansell • Century 21 Agate Realty/Gold
Mls Name: RMLS (OR)
Mls ID: #686247323