197 Sea Crest LnOtter RockOR97369
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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 Otter Rock at 197 Sea Crest Ln, Otter Rock, OR, 97369 offers $2,712/mo rent that, after a $4,204/mo payment. Total monthly income is $2,712/mo. Return on cash invested measures 9.56% in year one, and rental yield stands at 3.79% at a $859,000 entry. Equity gained on principal adds $5,543/yr while 5% annual appreciation compounds into $237,326 by year five. Five-year ROI records 47.12% and total cumulative return in cash reaches $133,167. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,712/mo property income versus a $4,204/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97369, Otter Rock, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 138 (34.2%) |
| Renter Occupied HU | 21 ( 5.2%) |
| Vacant Housing Units | 244 (60.5%) |
| Median Home Value | $531,690 |
| Average Home Value | $520,072 |
Housing Distribution
Address Breakdown
Residential
161
Single Family
149
Multi-Family
12
Businesses
3
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Listed by: Cheryl Swan • Martek Real Estate
Mls Name: OCMLS
Mls ID: #25-1863