175 SW 59th St, South Beach, OR, 97366 | 6.25% Rental Yield

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175 SW 59th St, South Beach, OR, 97366 | 6.25% Rental Yield | 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

Investment property for sale in South Beach at 175 SW 59th St, South Beach, OR, 97366 offers a 6.25% rental yield on a $979,000 purchase with $5,100/mo rent. 04% in year one. Equity gained on principal adds $6,317/yr while 5% annual appreciation supports $270,480 over five years. Portfolio math shows five-year ROI at 87.24% and total cumulative return in cash at $281,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,100/mo property income against a $4,792/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2015

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

First time this beautiful one-level, custom designed Southshore beach home is on the market. Although construction was completed in 2015, the owners didn't occupy the home full-time until 2022. The home offers spacious open plan living, dining, and kitchen areas, a primary suite with ensuite bath and walk-in closet, two guest bedrooms with a shared bathroom, and a large laundry room. The layout offers flexibility to be furnished in a manner to accommodate the owners' lifestyle. In addition, a large, covered deck at the back of the home provides enjoyable outdoor living space. The home is located on a large premium lot at the end of the street bordering wooded areas of the nature reserve. The property is tastefully landscaped with colorful perennial gardens and shrubs. The gated Souths

Neighborhood Data

Neighborhood data shown for ZIP Code: 97366, South Beach, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,153 (100%)
Owner Occupied HU	651 (56.5%)
Renter Occupied HU	222 (19.3%)
Vacant Housing Units	280 (24.3%)
Median Home Value	$556,564
Average Home Value	$601,644