220 SE Hazelton PlDepoe BayOR97341
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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
Rental property for sale in Depoe Bay at 220 SE Hazelton Pl, Depoe Bay, OR, 97341 priced at $252,300 converts $2,066/mo rent into $543/mo cash flow after a $1,235/mo obligation. Total monthly income equals $2,066/mo, and annual cash flow totals $6,516/yr on $83,637 invested. Return on cash invested prints 27.7% in year one, and rental yield reads 9.83% against a $252,300 entry. Equity gained on principal adds $1,628/yr, while 5% annual appreciation compiles into $69,706 by year five. Five-year ROI reaches 144.41% and total cumulative return in cash sums $120,780. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,066/mo property income covering a $1,235/mo payment, not borrower’s personal income.
Manufactured
Built in 1979
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,097 (43.6%) |
| Renter Occupied HU | 354 (14.1%) |
| Vacant Housing Units | 1,063 (42.3%) |
| Median Home Value | $446,283 |
| Average Home Value | $528,257 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
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