163 Amber LnCannon BeachOR97110
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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 Cannon Beach at 163 Amber Ln, Cannon Beach, OR, 97110 offers $4,292/mo rent that, after a $6,485/mo payment. Total monthly income is $4,292/mo. Return on cash invested measures 10.01% in year one, and rental yield stands at 3.89% at a $1,325,000 entry. Equity gained on principal adds $8,550/yr while 5% annual appreciation compounds into $366,073 by year five. Five-year ROI records 49.47% and total cumulative return in cash reaches $212,368. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,292/mo property income versus a $6,485/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97110, Cannon Beach, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
185
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Listed by: Meadow Davis • Home + Sea Realty
Mls Name: RMLS (OR)
Mls ID: #184504995