1214 NW Parker AveWaldportOR97394
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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 Waldport at 1214 NW Parker Ave, Waldport, OR, 97394 offers a 9.37% rental yield on a $318,800 purchase with $2,488/mo rent. Total monthly income registers $2,488/mo, and a $1,560/mo payment leaves $544/mo available for distribution. Annual cash flow reaches $6,528/yr on $105,682 to close, and return on cash invested stands at 26.09% in year one. Equity gained on principal adds $2,057/yr while 5% annual appreciation supports $88,079 over five years. Portfolio math shows five-year ROI at 135.88% and total cumulative return in cash at $143,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,488/mo property income against a $1,560/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.25 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 2,047 (54.5%) |
| Renter Occupied HU | 584 (15.5%) |
| Vacant Housing Units | 1,126 (30.0%) |
| Median Home Value | $408,669 |
| Average Home Value | $440,280 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
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