164 Sunset BlvdCannon 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
Investment property for sale in Cannon Beach at 164 Sunset Blvd, Cannon Beach, OR, 97110 earns from $3,480/mo rent with a $5,379/mo payment. Total monthly income totals $3,480/mo. ROI tracks 9.74% on current figures, and rental yield reads 3.8% at a $1,099,000 purchase. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 over five years. Five-year ROI reaches 48.02% and total cumulative return in cash sums $170,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,480/mo property income instead of your personal income.
Single Family
Built in 1950
6,534 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: Bob Neroni • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #395093626