123 E Eckman Creek Rd, Waldport, OR, 97394 | 5.68% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

123 E Eckman Creek Rd, Waldport, OR, 97394 | 5.68% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1580 sft

7383 SW Burl Dr, Waldport, OR, 97394

2 Bed
1 Bath
1137 sft

244 E 3rd St, Yachats, OR, 97498

2 Bed
1 Bath
1136 sft

617 Marine Dr, Yachats, OR, 97498

3 Bed
2 Bath
2368 sft

3505 Highway 101 N, Yachats, OR, 97498

Nearby investment properties with comparable prices

2 Bed
1 Bath
842 sft

78 NW Salmon St, Yachats, OR, 97498

4 Bed
2 Bath
1580 sft

31 NE Shorepine Crest St, Yachats, OR, 97498

2 Bed
2 Bath
1080 sft

257 Windsong St, Yachats, OR, 97498

1 Bed
1 Bath
1106 sft

685 NE California St, Yachats, OR, 97498

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Waldport at 123 E Eckman Creek Rd, Waldport, OR, 97394 offers $2,362/mo rent that, after a $2,442/mo payment. Total monthly income is $2,362/mo. Return on cash invested measures 15.2% in year one, and rental yield stands at 5.68% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 77.38% and total cumulative return in cash reaches $127,998. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,362/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

5.74 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into the charm of this whimsical A-frame home, perfectly set on 5.74 enchanting acres. With 2 beds, 1.5 bath, and filtered views of Eckman Lake, this property blends rustic warmth with magical surroundings. Inside, the cozy design features soaring ceilings, exposed beams, skylights, and rich wood paneling. On stormy nights, the wood stove creates the perfect gathering place. The upstairs loft bedroom feels like a private treehouse complete with built-in storage and peaceful views. Enjoy covered porches on both the front and back of the homeperfect for sipping coffee, listening to the rain, or watching wildlife wander by. Outside, you'll discover a detached she-shed with a half bath, laundry room, and potential for an outdoor shower, plus a murphy bed making this a perfect spot for guests! You will also find a he-shed for all of your projects & passions! A wood-fired pizza oven invites evenings of outdoor entertaining, and the property also features tool sheds, a greenhouse, a detached carport, fruit trees (apple, plum, peach & cherry) and a fenced garden ready for your harvest. The large pasture has been used as a golf course and R/C trackperfect for recreation or creative new uses. Best of all, you have your own private access to Eckman Lake, where fishing, kayaking, and the beauty of nature await. Whether you're curling up with a novel, gardening, or paddling out on the water, this property offers an irresistible mix of charm, function, and adventure. Truly one-of-a-kind. This property offers a sense of peace and seclusion, a rare find where every corner feels special!

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