301 Otter Crest Loop UNIT 150-151Otter 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
Rental property for sale in Otter Rock at 301 Otter Crest Loop UNIT 150-151, Otter Rock, OR, 97369 generates $2,824/mo in rent, after a $1,835/mo payment. Total monthly income is $2,824/mo. Return on cash invested sits at 4.8% in year one, and rental yield is 9.04% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 29.06% and total cumulative return in cash sums $36,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,824/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$2,126 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: Danielle Cutler • Windermere West Coast Properties
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-434
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.