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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 W 1st St, Cannon Beach, OR, 97110 generates $2,119/mo in rent, after a $3,911/mo payment. Total monthly income is $2,119/mo. Return on cash invested sits at 7.72% in year one, and rental yield is 3.18% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 37.22% and total cumulative return in cash sums $97,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,119/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
4,356 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Robin Risley • Cascade Hasson Sotheby's International Realty
Mls Name: CMLS
Mls ID: #25-680
