301 C StSeasideOR97138
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Nearby investment properties with comparable prices
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 Seaside at 301 C St, Seaside, OR, 97138 priced at $420,000 converts $2,621/mo rent into $86/mo cash flow after a $2,056/mo obligation. Total monthly income equals $2,621/mo, and annual cash flow totals $1,026/yr on $139,230 invested. Return on cash invested prints 20.65% in year one, and rental yield reads 7.49% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 106.61% and total cumulative return in cash sums $148,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,621/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Townhouse
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97138, Seaside, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,150
Single Family
4,738
Multi-Family
412
Businesses
759
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