145 NW Inlet Ave #117Lincoln CityOR97367
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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 Lincoln City at 145 NW Inlet Ave #117, Lincoln City, OR, 97367 earns $563/mo cash flow from $1,764/mo rent with a $974/mo payment. Total monthly income totals $1,764/mo, and annual cash flow totals $6,754/yr on $65,969 capital. ROI tracks 30.15% on current figures, and rental yield reads 10.64% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 157.56% and total cumulative return in cash sums $103,938. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,764/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,927 (100%) |
| Owner Occupied HU | 3,288 (36.8%) |
| Renter Occupied HU | 2,327 (26.1%) |
| Vacant Housing Units | 3,312 (37.1%) |
| Median Home Value | $450,256 |
| Average Home Value | $488,708 |
Housing Distribution
Address Breakdown
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
Nearby investment properties with comparable rents
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No similar price properties found nearby.
Listed by: Judith Vial • Taylor & Taylor Realty Company
Mls Name: OCMLS
Mls ID: #25-1530