26510 Foley WayNehalemOR97131
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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 Nehalem at 26510 Foley Way, Nehalem, OR, 97131 offers a 5.58% rental yield on a $575,000 purchase with $2,676/mo rent. 02% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 76.4% and total cumulative return in cash at $144,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,676/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97131, Nehalem, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,103 (51.4%) |
| Renter Occupied HU | 310 (14.4%) |
| Vacant Housing Units | 733 (34.2%) |
| Median Home Value | $499,819 |
| Average Home Value | $567,493 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,092
Multi-Family
6
Businesses
74
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