2233 S Downing StSeasideOR97138
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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 Seaside at 2233 S Downing St, Seaside, OR, 97138 listed at $548,000 pairs $2,629/mo rent with a $2,682/mo payment. Total monthly income runs $2,629/mo. Return on cash invested measures 15.54% in year one, and rental yield registers 5.76% at a $548,000 basis. Equity gained on principal adds $3,536/yr, and annual property appreciation at 5% supports $151,402 by year five. Five-year ROI tracks 79.21% and total cumulative return in cash totals $142,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,629/mo property income relative to a $2,682/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1916
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97138, Seaside, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,933 (100%) |
| Owner Occupied HU | 3,159 (39.8%) |
| Renter Occupied HU | 2,180 (27.5%) |
| Vacant Housing Units | 2,594 (32.7%) |
| Median Home Value | $490,174 |
| Average Home Value | $581,667 |
Housing Distribution
Address Breakdown
Residential
5,150
Single Family
4,738
Multi-Family
412
Businesses
759
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