21645 Wilson River Hwy, Tillamook, OR, 97141 | 5.47% Rental Yield

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21645 Wilson River Hwy, Tillamook, OR, 97141 | 5.47% Rental Yield | Ziffy

For Sale

Listed for sale 6 days ago

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

Total monthly income runs $3,644/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 5.47% with $3,644/mo rent. Return on cash invested shows 14.68% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 74.55% and total cumulative return in cash records $195,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,644/mo property income covering a $3,911/mo payment rather than investor’s personal income.

Single Family

Built in 1970

3.50 Acres lot

$N/A/sqft

No HOA

More details about the property

RARE WILSON RIVER FRONTAGE! Discover the perfect blend of natural beauty and practical functionality on this stunning 3.5-acre property along the Wilson River. With approximately 200 feet of riverfront, this remodeled ranch, single-story home features 4 bedrooms and 3 bathrooms, originally built in 1970 and updated in 1998. The crown jewel of this property is the oversized 5-bay garage that accommodates RVs, boats, jet skis, and multiple vehiclesa rare find for collectors, hobbyists, and outdoor adventure enthusiasts. Embrace sustainable living with a chicken coop and established garden area, then unwind on the large deck overlooking the peaceful river. Close to all Tillamook amenities with easy Portland metro area access. This riverside retreat called ''Hidden River Acres'' offers the tranquility of waterfront living while maintaining convenient access to urban conveniences. Whether you're launching your boat for a day of fishing, harvesting fresh eggs and vegetables, enjoying the soothing sounds of the river from your deck, or simply relishing the privacy of your own acreage, this property delivers the Pacific Northwest lifestyle you've been searching for. Schedule your private showing today. More pictures coming soon!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97141, Tillamook, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,054 (100%)
Owner Occupied HU	3,946 (55.9%)
Renter Occupied HU	1,870 (26.5%)
Vacant Housing Units	1,238 (17.6%)
Median Home Value	$432,799
Average Home Value	$471,531