1113 N Highway 101 UNIT 9, Depoe Bay, OR, 97341 | 4.8% Rental Yield

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1113 N Highway 101 UNIT 9, Depoe Bay, OR, 97341 | 4.8% 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 Depoe Bay at 1113 N Highway 101 UNIT 9, Depoe Bay, OR, 97341 earns from $2,197/mo rent with a $2,687/mo payment. Total monthly income totals $2,197/mo. ROI tracks 12.64% on current figures, and rental yield reads 4.8% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 63.64% and total cumulative return in cash sums $114,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,197/mo property income instead of your personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Rare 1 bedroom, 1 bath oceanfront condo in The Village at North Pointe featuring views of the Pacific from the living room, dining area, kitchen, and covered patio. Expansive windows invite natural light, while the cozy gas fireplace creates a haven for relaxation. The updated kitchen includes granite countertops and SS appliances. This move in ready, fully furnished condo is your personal retreat or opportunity for investment. Buyers to verify all details. The spacious open concept layout feels larger than the recorded 837 sq. ft. Enjoy ample storage space, a private garage, and proximity to the elevator. Residents have access to a clubhouse with an indoor pool, hot tub, fitness center, movie theater, and game room. A prime location for serene coastal living close to amenities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.

Housing Distribution

Housing Statistics

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