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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% |
Investment property for sale in Cannon Beach at 116 W Watts Way, Cannon Beach, OR, 97110 listed at $1,550,000 pairs $5,038/mo rent with a $7,586/mo payment. Total monthly income runs $5,038/mo. Return on cash invested measures 10.05% in year one, and rental yield registers 3.9% at a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and annual property appreciation at 5% supports $428,236 by year five. Five-year ROI tracks 49.69% and total cumulative return in cash totals $249,529. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,038/mo property income relative to a $7,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97110, Cannon Beach, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 480 (25.9%) |
| Renter Occupied HU | 224 (12.1%) |
| Vacant Housing Units | 1,152 (62.1%) |
| Median Home Value | $760,542 |
| Average Home Value | $823,224 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
185
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $1,550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.
Listed by: Andrea K. Mace • Realty One Group Prestige
Mls Name: CMLS
Mls ID: #25-347
