1617 NW Oceanic Loop, Waldport, OR, 97394 | $56/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1617 NW Oceanic Loop, Waldport, OR, 97394 | $56/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Rental property for sale in Waldport at 1617 NW Oceanic Loop, Waldport, OR, 97394 generates $2,646/mo in rent and, after a $2,100/mo payment, leaves $56/mo in cash flow. Total monthly income is $2,646/mo, and annual cash flow is $675/yr on $142,214 invested. Return on cash invested sits at 20.38% in year one, and rental yield is 7.4% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 105.21% and total cumulative return in cash sums $149,617. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,646/mo property income rather than buyer’s personal income.

Single Family

Built in 2007

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Just blocks from the BEACH and Bayshore Clubhouse, this beautifully maintained 3-bedroom, 2-bath home offers easy SINGLE LEVEL LIVING with an open floor plan and cozy pellet stove for those rainy days. The spacious kitchen features stainless steel appliances and convenient counter seating, perfect for entertaining. Step outside to a private deck with an 4-person Marquis hot tubideal for relaxing after a day at the beach. A perfect coastal retreat in a desirable location!

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