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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Depoe Bay at 1113 N Highway 101 UNIT 44, Depoe Bay, OR, 97341 generates $2,390/mo in rent, after a $3,034/mo payment. Total monthly income is $2,390/mo. Return on cash invested sits at 12.11% in year one, and rental yield is 4.63% on a $619,900 entry. Equity gained on principal adds $4,000/yr, while 5% annual appreciation builds toward $171,267 over five years. Five-year ROI reaches 60.78% and total cumulative return in cash sums $123,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,390/mo property income rather than buyer’s personal income.
Condo
Built in 2002
6,451 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,097 (43.6%) |
| Renter Occupied HU | 354 (14.1%) |
| Vacant Housing Units | 1,063 (42.3%) |
| Median Home Value | $446,283 |
| Average Home Value | $528,257 |
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: MARK FARROW • Homesmart Realty Group
Mls Name: WVMLS
Mls ID: #829977
