1455 Seacrest Ln #3BrookingsOR97415
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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
Rental property for sale in Brookings at 1455 Seacrest Ln #3, Brookings, OR, 97415 generates $2,280/mo in rent and, after a $1,370/mo payment, leaves $590/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $7,084/yr on $92,820 invested. Return on cash invested sits at 27.54% in year one, and rental yield is 9.77% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 143.59% and total cumulative return in cash sums $133,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97415, Brookings, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 4,962 (61.2%) |
| Renter Occupied HU | 2,028 (25.0%) |
| Vacant Housing Units | 1,121 (13.8%) |
| Median Home Value | $451,211 |
| Average Home Value | $513,728 |
Housing Distribution
Address Breakdown
Residential
6,287
Single Family
6,020
Multi-Family
267
Businesses
699
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