301 Otter Crest Loop #412-413Otter RockOR97369
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 301 Otter Crest Loop #412-413, Otter Rock, OR, 97369 in Otter Rock is the 1.80 coverage ratio: rent of $3,487/mo versus a $1,934/mo debt payment on a $430,000 property. Rental yield 9.73%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $118,801 by year five, with $3,960/yr in equity from paydown. Total projected cumulative return: $98,577.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $(1,135) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,487 |
| Total Monthly Debt Service | $4,450 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A lot
$N/A/sqft
$2,026 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
Nearby investment properties with comparable rents
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
Condo
Built in 1972
N/A lot
$N/A/sqft
$2,026 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doretta L Smith • Martek Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-440
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.