25 NE Clarke StDepoe BayOR97341
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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
Rental property for sale in Depoe Bay at 25 NE Clarke St, Depoe Bay, OR, 97341 priced at $990,000 pairs $2,645/mo rent with after a $4,846/mo payment. Total monthly income equals $2,645/mo. Return on cash invested is 7.79% in year one, and rental yield stands at 3.21% on a $990,000 basis. Equity gained on principal adds $6,388/yr, and 5% annual appreciation accumulates to $273,519 by year five. Five-year ROI measures 37.6% and total cumulative return in cash reaches $122,468. For financing, Ziffy Mortgage’s DSCR program evaluates $2,645/mo property income against a $4,846/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,097 (43.6%) |
| Renter Occupied HU | 354 (14.1%) |
| Vacant Housing Units | 1,063 (42.3%) |
| Median Home Value | $446,283 |
| Average Home Value | $528,257 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
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Listed by: COLLEEN BENSON • Keller Williams Capital City Benson Broker Group
Mls Name: WVMLS
Mls Provider:
Mls ID: #827668
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.