301 Otter Crest Loop #342343Otter RockOR97369
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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 Otter Rock at 301 Otter Crest Loop #342343, Otter Rock, OR, 97369 earns from $2,586/mo rent with a $1,052/mo payment. Total monthly income totals $2,586/mo. ROI tracks 12% on current figures, and rental yield reads 14.43% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 71% and total cumulative return in cash sums $50,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,586/mo property income instead of your personal income.
Condo
Built in 1972
35 Acres lot
$N/A/sqft
$1,758 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97369, Otter Rock, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 138 (34.2%) |
| Renter Occupied HU | 21 ( 5.2%) |
| Vacant Housing Units | 244 (60.5%) |
| Median Home Value | $531,690 |
| Average Home Value | $520,072 |
Housing Distribution
Address Breakdown
Residential
161
Single Family
149
Multi-Family
12
Businesses
3
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Listed by: Debra P Williams • Taylor & Taylor Realty Company
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1013
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms.