








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Waldport at 1802 NW Cedar Crest Pl, Waldport, OR, 97394 uses $137,573 cash to close to unlock $5,447/yr annual cash flow and $454/mo monthly cash flow. Total monthly income runs $2,982/mo, and a $2,031/mo payment keeps the spread at $454/mo. Purchase price stands at $415,000, and rental yield measures 8.62% with $2,982/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 123.93% and total cumulative return in cash records $170,493. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,982/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1990
7,405 sqft lot
$N/A/sqft
$280 yearly HOA
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 2,047 (54.5%) |
| Renter Occupied HU | 584 (15.5%) |
| Vacant Housing Units | 1,126 (30.0%) |
| Median Home Value | $408,669 |
| Average Home Value | $440,280 |
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $415,000 |
| 2021-01-25 | Listing removed | N/A |
| 2020-11-07 | Listed for sale | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-18 | $2878.66 | -0.27% | $213,130 | 3.00% |
| 2022-03-18 | $2886.46 | 5.09% | $206,930 | 3.00% |
| 2021-03-18 | $2746.77 | 5.28% | $200,910 | 3.00% |



Listed by: Wendy Howerton Birchfield • Windermere West Coast Properties
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-465
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.