Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Otis at 15 N Stockton Ave, Otis, OR, 97368 listed at $349,000 pairs $1,650/mo rent with a $1,708/mo payment. Total monthly income runs $1,650/mo. Return on cash invested measures 15.17% in year one, and rental yield registers 5.67% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 77.26% and total cumulative return in cash totals $89,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,650/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97368, Otis, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,216 (65.3%) |
| Renter Occupied HU | 286 (15.4%) |
| Vacant Housing Units | 360 (19.3%) |
| Median Home Value | $381,203 |
| Average Home Value | $406,891 |
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $349,000 |
| 2016-03-31 | Sold | $110,000 |
| 2016-01-30 | Pending sale | $129,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $1141.57 | 3.01% | $89,610 | 3.00% |
| 2022-04-16 | $1108.23 | -3.15% | $87,000 | 3.00% |
| 2021-04-16 | $1144.28 | 9.29% | $84,470 | 3.00% |
Listed by: Maria Cristina Gonzalez Tamayo • Realty One Group At The Beach, Newport
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-755
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.
