199 SW The Pines DrDepoe BayOR97341
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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 Depoe Bay at 199 SW The Pines Dr, Depoe Bay, OR, 97341 priced at $499,000 pairs $2,544/mo rent with after a $2,442/mo payment. Total monthly income equals $2,544/mo. Return on cash invested is 16.52% in year one, and rental yield stands at 6.12% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 84.46% and total cumulative return in cash reaches $139,710. For financing, Ziffy Mortgage’s DSCR program evaluates $2,544/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,097 (43.6%) |
| Renter Occupied HU | 354 (14.1%) |
| Vacant Housing Units | 1,063 (42.3%) |
| Median Home Value | $446,283 |
| Average Home Value | $528,257 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
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