2016 SE 8th StLincoln CityOR97367
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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 Lincoln City at 2016 SE 8th St, Lincoln City, OR, 97367 earns $899/mo cash flow from $2,945/mo rent with a $1,659/mo payment. Total monthly income totals $2,945/mo, and annual cash flow totals $10,788/yr on $112,379 capital. ROI tracks 29.51% on current figures, and rental yield reads 10.42% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 154.1% and total cumulative return in cash sums $173,176. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,945/mo property income instead of your personal income.
Manufactured
Built in 1994
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
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Listed by: Linda L Roy • Lincoln City Realty, LLC
Mls Name: OCMLS
Mls ID: #LC-104932