96312 Shutters Creek Rd, North Bend, OR, 97459 | 3.6% Rental Yield

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96312 Shutters Creek Rd, North Bend, OR, 97459 | 3.6% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in North Bend at 96312 Shutters Creek Rd, North Bend, OR, 97459 earns from $1,500/mo rent with a $2,447/mo payment. Total monthly income totals $1,500/mo. ROI tracks 8.92% on current figures, and rental yield reads 3.6% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 43.73% and total cumulative return in cash sums $72,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.

Single Family

Built in 1922

80 Acres lot

$N/A/sqft

No HOA

More details about the property

Imagine waking up on your own 80-acre spread, the sun breaking over the hillsides, the cattle already deciding which pasture theyll grace with their presence today. The land is fenced, the water flows from a spring, and the septic is ready to support whatever dream you build here.As for the current houseconsider it a bookmark in the story, not the final chapter. It held on as long as it could, but now its simply saving the spot where your future home will rise.Youre 12 miles out of town, surrounded by nothing but quiet and the kind of solitude that gives you space to think, breathe, and build something lasting. And if you find yourself wishing for more room (or a full ranch operation), an adjacent 560 acres is also available.Your adventure starts at the gate.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97459, North Bend, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,024 (100%)
Owner Occupied HU	4,148 (59.1%)
Renter Occupied HU	2,113 (30.1%)
Vacant Housing Units	763 (10.9%)
Median Home Value	$383,808
Average Home Value	$449,228