97040 Henderson RdBrookingsOR97415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brookings at 97040 Henderson Rd, Brookings, OR, 97415 offers a 5.17% rental yield on a $585,000 purchase with $2,520/mo rent. 76% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 69.63% and total cumulative return in cash at $134,022. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97415, Brookings, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 4,962 (61.2%) |
| Renter Occupied HU | 2,028 (25.0%) |
| Vacant Housing Units | 1,121 (13.8%) |
| Median Home Value | $451,211 |
| Average Home Value | $513,728 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
6,020
Multi-Family
267
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices