274 E Brilemar St, Tidewater, OR, 97390 | $1,680/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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274 E Brilemar St, Tidewater, OR, 97390 | $1,680/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Tidewater at 274 E Brilemar St, Tidewater, OR, 97390 offers $2,682/mo rent that, after a $812/mo payment, leaves $1,680/mo cash flow. Total monthly income is $2,682/mo, and annual cash flow is $20,166/yr on $55,029 cash. Return on cash invested measures 56.55% in year one, and rental yield stands at 19.39% at a $166,000 entry. Equity gained on principal adds $1,071/yr while 5% annual appreciation compounds into $45,863 by year five. Five-year ROI records 299.21% and total cumulative return in cash reaches $164,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,682/mo property income versus a $812/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1985

1.24 Acres lot

$N/A/sqft

No HOA

More details about the property

Country living between Philomath and Waldport. Home is in very poor condition and requires a total rebuild or new build. Mold present. All systems need replaced. The lot is an irregular shape and house site (about half the size) is what's use-able. Well needs repair. Septic condition unknown. Cash only, Short Sale (2 creditors) requiring approval. Appointment only.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97390, Tidewater, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	541 (100%)
Owner Occupied HU	283 (52.3%)
Renter Occupied HU	62 (11.5%)
Vacant Housing Units	196 (36.2%)
Median Home Value	$457,979
Average Home Value	$551,935