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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 Cannon Beach at 123 S Hemlock St, Cannon Beach, OR, 97110 priced at $1,195,000 converts $2,418/mo rent into after a $5,849/mo obligation. Total monthly income equals $2,418/mo. Return on cash invested prints 5.51% in year one, and rental yield reads 2.43% against a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation compiles into $330,156 by year five. Five-year ROI reaches 25.31% and total cumulative return in cash sums $98,006. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,418/mo property income covering a $5,849/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
N/A 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $1,195,000 |
| 2018-05-17 | Listing removed | $409,000 |
| 2017-12-22 | Price change | $409,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Abbas Sami Atwi • Cascade Hasson Sotheby's International Realty
Mls Name: CMLS
Mls ID: #25-218
