Kelly Creek LnNew Pine CreekOR97635
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayKelly Creek Ln, New Pine Creek, OR, 97635 in New Pine Creek is priced for appreciation, not yield. Rental yield 4.31%. At $600,000 with a 4.31% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $165,769 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.80) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $132,704.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(1,466) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,155 |
| Total Monthly Debt Service | $3,383 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97635, New Pine Creek, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 70 (100%) |
| Owner Occupied HU | 39 (55.7%) |
| Renter Occupied HU | 13 (18.6%) |
| Vacant Housing Units | 18 (25.7%) |
| Median Home Value | $239,773 |
| Average Home Value | $281,474 |
Housing Distribution
Address Breakdown
Residential
4
Single Family
4
Multi-Family
0
Businesses
8
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
Single Family
Built in 2007
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97635, New Pine Creek, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 70 (100%) |
| Owner Occupied HU | 39 (55.7%) |
| Renter Occupied HU | 13 (18.6%) |
| Vacant Housing Units | 18 (25.7%) |
| Median Home Value | $239,773 |
| Average Home Value | $281,474 |
Housing Distribution
Address Breakdown
Residential
4
Single Family
4
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Bradbury • High Country Real Estate
Mls Name: LCAOR
Mls ID: #3007561
Disclaimer: Copyright Lake County MLS. All rights reserved. Information is deemed reliable but not guaranteed.