228 Beeswax LnManzanitaOR97130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Manzanita at 228 Beeswax Ln, Manzanita, OR, 97130 listed at $1,550,000 pairs $4,728/mo rent with a $7,586/mo payment. Total monthly income runs $4,728/mo. Return on cash invested measures 9.31% in year one, and rental yield registers 3.66% at a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and annual property appreciation at 5% supports $428,236 by year five. Five-year ROI tracks 45.71% and total cumulative return in cash totals $229,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,728/mo property income relative to a $7,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97130, Manzanita, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,464 (100%) |
| Owner Occupied HU | 320 (21.9%) |
| Renter Occupied HU | 81 ( 5.5%) |
| Vacant Housing Units | 1,063 (72.6%) |
| Median Home Value | $777,778 |
| Average Home Value | $788,469 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
118
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