10425 Neahkahnie Creek RdNehalemOR97131
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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
Investment property for sale in Nehalem at 10425 Neahkahnie Creek Rd, Nehalem, OR, 97131 uses $210,231 cash to close to unlock $10,518/yr annual cash flow and $876/mo monthly cash flow. Total monthly income runs $4,734/mo, and a $3,128/mo payment keeps the spread at $876/mo. Purchase price stands at $639,000, and rental yield measures 8.89% with $4,734/mo rent. Return on cash invested shows 25.06% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 130.25% and total cumulative return in cash records $273,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,734/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97131, Nehalem, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,103 (51.4%) |
| Renter Occupied HU | 310 (14.4%) |
| Vacant Housing Units | 733 (34.2%) |
| Median Home Value | $499,819 |
| Average Home Value | $567,493 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,092
Multi-Family
6
Businesses
74
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