285 NE Keady StWaldportOR97394
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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 Waldport at 285 NE Keady St, Waldport, OR, 97394 priced at $149,000 converts $1,137/mo rent into $238/mo cash flow after a $729/mo obligation. Total monthly income equals $1,137/mo, and annual cash flow totals $2,855/yr on $49,394 invested. Return on cash invested prints 25.69% in year one, and rental yield reads 9.16% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 133.65% and total cumulative return in cash sums $66,016. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,137/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1964
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 2,047 (54.5%) |
| Renter Occupied HU | 584 (15.5%) |
| Vacant Housing Units | 1,126 (30.0%) |
| Median Home Value | $408,669 |
| Average Home Value | $440,280 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
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Listed by: TODD TUNISON • Synergy Real Estate Services
Mls Name: WVMLS
Mls Provider:
Mls ID: #829164
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.