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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% |
Investment property for sale in Seaside at 2361 S Edgewood St, Seaside, OR, 97138 listed at $699,000 pairs $2,220/mo rent with a $3,421/mo payment. Total monthly income runs $2,220/mo. Return on cash invested measures 9.63% in year one, and rental yield registers 3.81% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 47.47% and total cumulative return in cash totals $109,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2008
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97138, Seaside, OR area.
| 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 |
Residential
5,150
Single Family
4,738
Multi-Family
412
Businesses
759
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tom Hale • eXp Realty, LLC
Mls Name: RMLS (OR)
Mls ID: #551511843
