Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Lincoln City at 2011 NE Devils Ridge Rd, Lincoln City, OR, 97367 offers a 4.02% rental yield on a $699,000 purchase with $2,340/mo rent. 26% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 50.83% and total cumulative return in cash at $116,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,927 (100%) |
| Owner Occupied HU | 3,288 (36.8%) |
| Renter Occupied HU | 2,327 (26.1%) |
| Vacant Housing Units | 3,312 (37.1%) |
| Median Home Value | $450,256 |
| Average Home Value | $488,708 |
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mary J O'Connor • Coldwell Banker Professional Group - Lincoln City
Mls Name: OCMLS
Mls ID: #25-2056
