135 SW Wakonda Beach Rd, Waldport, OR, 97394 | 4.47% Rental Yield

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135 SW Wakonda Beach Rd, Waldport, OR, 97394 | 4.47% Rental Yield | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Waldport at 135 SW Wakonda Beach Rd, Waldport, OR, 97394 listed at $724,999 pairs $2,698/mo rent with a $3,549/mo payment. Total monthly income runs $2,698/mo. Return on cash invested measures 11.61% in year one, and rental yield registers 4.47% at a $724,999 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 58.13% and total cumulative return in cash totals $138,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,698/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2007

42.24 Acres lot

$N/A/sqft

No HOA

More details about the property

A well cared for 3-bedroom, 2-bathroom manufactured home that sits on more than 42 acres of productive timber land and offering privacy. Built in 2007, the home has seen recent remodeling that includes new LVP flooring, refreshed interiors, and tile counter tops. The layout is practical and comfortable, with an easy flow and open views of the surrounding forest land from the main living areas. The acreage totals 42.24 acres in TC zoning and carries a per merchantable timber estimate from a 2022 timber cruise of approximate $20,000 in value, giving the next owner both room to breathe and long-term resource potential. Beach access is about 1.5 miles away, making the coast close enough for a quick trip without giving up peace and quiet. The property also includes an 864 square foot detached garage built in 2011, along with an 864 four square foot detached shop built in 1992. Together they offer solid storage, workspace, and room for equipment. This is a rare chance to own substantial acreage with a well-kept home, two useful outbuildings, and coastal convenience.

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

Businesses

279

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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206 Chief Albert Dr, Yachats, OR, 97498

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400 Coolidge Ln, Yachats, OR, 97498

2 Bed
2 Bath
1026 sft

771 Driftwood Ln, Yachats, OR, 97498

3 Bed
2 Bath
1404 sft

1750 Highway 101 N, Yachats, OR, 97498

Nearby investment properties with comparable prices

2 Bed
3 Bath
1516 sft

370 Horizon Hill Rd, Yachats, OR, 97498

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1 Bath
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95080 Highway 101 S, Yachats, OR, 97498

3 Bed
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2167 sft

2790 NE Starr Creek Rd, Yachats, OR, 97498

Airbnb Potential+ 1 more

2 Bed
2 Bath
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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: MobileManufactured
Year Built: 2007
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Detached Garage, Off Street, Paved, RV Access/Parking, Workshop in Garage, Gravel

Location

City: Waldport
State: OR
Subdivision: N/A
Lot Size: 42.24 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Dennis M Regen • Taylor & Taylor Realty Company

Mls Name: OCMLS

Mls ID: #25-4014

135 SW Wakonda Beach Rd,Waldport,OR,97394

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

135 SW Wakonda Beach RdWaldportOR97394