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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Tillamook at 2214 5th St, Tillamook, OR, 97141 generates $1,292/mo in rent, after a $3,426/mo payment. Total monthly income is $1,292/mo. Return on cash invested sits at 4.78% in year one, and rental yield is 2.22% on a $699,950 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,383 over five years. Five-year ROI reaches 21.45% and total cumulative return in cash sums $49,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,292/mo property income rather than buyer’s personal income.
Multi Family
Built in 1935
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97141, Tillamook, OR area.
| 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 |
Residential
5,758
Single Family
5,141
Multi-Family
617
Businesses
633
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $699,950 |
| 2024-08-16 | Listing removed | N/A |
| 2024-08-13 | Price change | $789,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Manny Obi • Kelly Right Real Estate of Portland, LLC
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24520326
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 11:59:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
