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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% |
Investment property for sale in Cannon Beach at 160 E Siuslaw St #4, Cannon Beach, OR, 97110 listed at $514,000 pairs $2,162/mo rent with a $2,516/mo payment. Total monthly income runs $2,162/mo. Return on cash invested measures 10.6% in year one, and rental yield registers 5.05% at a $514,000 basis. Equity gained on principal adds $3,317/yr, and annual property appreciation at 5% supports $142,009 by year five. Five-year ROI tracks 53.7% and total cumulative return in cash totals $90,803. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,162/mo property income relative to a $2,516/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
N/A lot
$N/A/sqft
$393 monthly 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 |
|---|---|---|
| 2025-06-15 | Listing removed | $599,000 |
| 2025-05-16 | Listed for sale | $599,000 |
| 2022-10-31 | Sold | $514,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $2591.50 | 10.68% | $205,306 | 3.00% |
| 2023-10-30 | $2341.51 | 2.67% | $199,327 | 3.00% |
| 2022-10-30 | $2280.61 | 2.10% | $193,522 | 3.00% |
Listed by: L.J. THOMAS • Berkshire Hathaway Homeservices Northwest Real Estate
Mls Name: WVMLS
Mls Provider:
Mls ID: #795393
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.
