2014 NW Oceanic LoopWaldportOR97394
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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
Investment property for sale in Waldport at 2014 NW Oceanic Loop, Waldport, OR, 97394 uses $122,622 cash to close to unlock $1,556/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $2,362/mo, and a $1,810/mo payment keeps the spread at $130/mo. Purchase price stands at $369,900, and rental yield measures 7.66% with $2,362/mo rent. Return on cash invested shows 21.18% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 109.45% and total cumulative return in cash records $134,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,362/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
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