180 Capes DrTillamookOR97141
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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 Tillamook at 180 Capes Dr, Tillamook, OR, 97141 priced at $1,270,000 converts $3,850/mo rent into after a $6,216/mo obligation. Total monthly income equals $3,850/mo. Return on cash invested prints 8.84% in year one, and rental yield reads 3.64% against a $1,270,000 entry. Equity gained on principal adds $8,195/yr, while 5% annual appreciation compiles into $350,878 by year five. Five-year ROI reaches 43.35% and total cumulative return in cash sums $178,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,850/mo property income covering a $6,216/mo payment, not borrower’s personal income.
Single Family
Built in 1994
4,791 sqft lot
$N/A/sqft
$137 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97141, Tillamook, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,054 (100%) |
| Owner Occupied HU | 3,946 (55.9%) |
| Renter Occupied HU | 1,870 (26.5%) |
| Vacant Housing Units | 1,238 (17.6%) |
| Median Home Value | $432,799 |
| Average Home Value | $471,531 |
Housing Distribution
Address Breakdown
Residential
5,758
Single Family
5,141
Multi-Family
617
Businesses
633
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