10 Fairway LnGleneden BeachOR97388
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 10 Fairway Ln, Gleneden Beach, OR, 97388 in Gleneden Beach. Rental yield 4.7%. At $899,000 with 4.7% gross yield, current distributions are modest, but the 5% appreciation rate projects $248,377 in new equity by year five, complemented by $8,280/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.87) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $207,152.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.2% |
| Monthly Cash Flow | $(2,081) | $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 | $3,524 |
| Total Monthly Debt Service | $5,248 |
| DSCR Ratio | 0.67x |
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 1975
0.32 Acres lot
$N/A/sqft
$179 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97388, Gleneden Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 282 (34.5%) |
| Renter Occupied HU | 62 ( 7.6%) |
| Vacant Housing Units | 473 (57.9%) |
| Median Home Value | $521,084 |
| Average Home Value | $550,603 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
46
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 1975
0.32 Acres lot
$N/A/sqft
$179 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97388, Gleneden Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 282 (34.5%) |
| Renter Occupied HU | 62 ( 7.6%) |
| Vacant Housing Units | 473 (57.9%) |
| Median Home Value | $521,084 |
| Average Home Value | $550,603 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Kuhlenbeck • Windermere West Coast Properties
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-855
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.