2 Pine Ln, Lakeside, OR, 97449 | $328/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2 Pine Ln, Lakeside, OR, 97449 | $328/mo Cash Flow | 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

Rental property for sale in Lakeside at 2 Pine Ln, Lakeside, OR, 97449 priced at $219,000 converts $1,650/mo rent into $328/mo cash flow after a $1,072/mo obligation. Total monthly income equals $1,650/mo, and annual cash flow totals $3,936/yr on $72,599 invested. Return on cash invested prints 25.33% in year one, and rental yield reads 9.04% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 131.7% and total cumulative return in cash sums $95,613. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,650/mo property income covering a $1,072/mo payment, not borrower’s personal income.

Single Family

Built in 2012

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

The perfect get away at the Oregon Coast! Excellent location at Osprey Point RV Resort in Lakeside. Large 18' x 73' RV pad, two full hook ups, 50 AMP and 30 AMP! Cozy 10'x 20' Casita with LVP flooring, Full bathroom with walk in shower and tankless hot water heater. Sliding glass door opens out to charming 4' x 20' covered porch! Storage/Laundry shed is 8'x 12' and includes washer/dryer. All buildings have been recently painted. Easy care landscaping features patio and fire pit. $135 monthly HOA includes water/sewer, garbage, use of Osprey Point boat launch and docks. The Osprey Point Pub and Pizza at the resort also features pool tables and Oregon video lottery. An arcade/game room and rec hall is also available to residents. Lakeside is a recreation paradise, with abundant fishing, boating and hiking opportunities. Ride your ATVs to the legendary Oregon Dunes! Ocean beaches are less than 10 minutes away. (RV not included in sale, but is available to purchase outside of escrow.)

Neighborhood Data

Neighborhood data shown for ZIP Code: 97449, Lakeside, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,405 (100%)
Owner Occupied HU	770 (54.8%)
Renter Occupied HU	201 (14.3%)
Vacant Housing Units	434 (30.9%)
Median Home Value	$360,078
Average Home Value	$407,731