17905 Ocean Blvd, Rockaway Beach, OR, 97136 | 5.29% Rental Yield

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17905 Ocean Blvd, Rockaway Beach, OR, 97136 | 5.29% 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 Rockaway Beach at 17905 Ocean Blvd, Rockaway Beach, OR, 97136 listed at $599,000 pairs $2,640/mo rent with a $2,932/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 14.12% in year one, and rental yield registers 5.29% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 71.56% and total cumulative return in cash totals $141,034. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Coastal living made easyjust a block from the beach! This beautifully updated home sits on a rare double lot with plenty of room to park RVs, boats, or add a custom garage, shop or ADU. The low-maintenance landscaping gives you more time to enjoy the coast, while the fenced yard, offers fun and function, plenty of room for outdoor games and bbqs! Inside, you'll find a stylishly remodeled kitchen with custom cabinets, tile backsplash, stainless steel appliances, and a coffee bar. The main-level primary suite includes a large picture window and easy access to the open-concept living space. Upstairs, a flexible loft with a pull-down ladder opens to a private deck with peek-a-boo ocean viewsperfect for listening to the waves and soaking up the salt air. With a fire pit for evenings under the stars, this home is ready for your next adventure. EV Charger already in place. Whether you're looking for a full-time residence or a beach getaway, this property has it all.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97136, Rockaway Beach, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,767 (100%)
Owner Occupied HU	779 (28.2%)
Renter Occupied HU	258 ( 9.3%)
Vacant Housing Units	1,730 (62.5%)
Median Home Value	$430,932
Average Home Value	$465,677