1060 Cedar Loop, Lakeside, OR, 97449 | 6.54% Rental Yield

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1060 Cedar Loop, Lakeside, OR, 97449 | 6.54% 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 Lakeside at 1060 Cedar Loop, Lakeside, OR, 97449 earns from $2,394/mo rent with a $2,149/mo payment. Total monthly income totals $2,394/mo. ROI tracks 17.8% on current figures, and rental yield reads 6.54% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 91.31% and total cumulative return in cash sums $132,884. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.

Manufactured

Built in 2022

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully maintained and move-in ready, this inviting 2-bedroom, 2-bath Lakeside home sits in a peaceful, friendly neighborhood just minutes from the sand dunes, Tenmile Lake, ocean beaches, and prime crabbing spots. The spacious, open-concept interior is filled with natural light and impeccably clean, offering a warm and welcoming atmosphere. A versatile den/office provides additional flexibility and could easily function as a third bedroom if needed.The primary bedroom features a generous en-suite with a walk-in shower, double sinks, two walk-in closets, and private access to the backyardperfect for enjoying the morning sun or unwinding in the evening.Step outside to the low-maintenance, fully fenced backyard, ideal for pets, gardening, and outdoor relaxation. A covered dog area adds extra convenience for pet owners, while the covered patio extends your living space year-round.The oversized two-car garage is exceptionally functional, featuring a utility sink, two electric car charging plugs, and ample room for projects or storage. Additional side parking easily accommodates an RV, boat, or all your sand toys.Adventure and relaxation are right at your doorstep, with endless opportunities for outdoor fun just minutes away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97449, Lakeside, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,405 (100%)
Owner Occupied HU	770 (54.8%)
Renter Occupied HU	201 (14.3%)
Vacant Housing Units	434 (30.9%)
Median Home Value	$360,078
Average Home Value	$407,731