3117 NW Neptune AveLincoln CityOR97367
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
Investment Highlights
Investment property for sale in Lincoln City at 3117 NW Neptune Ave, Lincoln City, OR, 97367 at $540,000 posts ROI 22% with $288/mo cash flow from $3,547/mo rent. Total monthly income equals $3,547/mo, and annual cash flow records $3,450/yr on $177,660 to close. Return on cash invested measures 22% and rental yield reads 7.88% at the current $540,000. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 by year five. Five-year ROI prints 113.84% and total cumulative return in cash totals $202,250.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,547/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2011
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,927 (100%) |
| Owner Occupied HU | 3,288 (36.8%) |
| Renter Occupied HU | 2,327 (26.1%) |
| Vacant Housing Units | 3,312 (37.1%) |
| Median Home Value | $450,256 |
| Average Home Value | $488,708 |
Housing Distribution
Address Breakdown
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
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Listed by: Garett Chadney • The Broker Network Depoe Bay
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1098
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.