2335 NW Inlet Ave #5Lincoln CityOR97367
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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 Lincoln City at 2335 NW Inlet Ave #5, Lincoln City, OR, 97367 listed at $440,000 pairs $2,276/mo rent with a $2,154/mo payment. Total monthly income runs $2,276/mo. Return on cash invested measures 16.78% in year one, and rental yield registers 6.21% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 85.86% and total cumulative return in cash totals $125,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,276/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,927 (100%) |
| Owner Occupied HU | 3,288 (36.8%) |
| Renter Occupied HU | 2,327 (26.1%) |
| Vacant Housing Units | 3,312 (37.1%) |
| Median Home Value | $450,256 |
| Average Home Value | $488,708 |
Housing Distribution
Address Breakdown
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
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Listed by: Diane Van Handel • Keller Williams Premier Partners
Mls Name: RMLS (OR)
Mls ID: #520933030