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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Depoe Bay at 319 Kinnikinnick Way, Depoe Bay, OR, 97341 priced at $629,000 converts $3,508/mo rent into after a $3,079/mo obligation. Total monthly income equals $3,508/mo. Return on cash invested prints 17.9% in year one, and rental yield reads 6.69% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 92.02% and total cumulative return in cash sums $190,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,508/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 2004
1,742 sqft lot
$N/A/sqft
$83 monthly HOA
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,097 (43.6%) |
| Renter Occupied HU | 354 (14.1%) |
| Vacant Housing Units | 1,063 (42.3%) |
| Median Home Value | $446,283 |
| Average Home Value | $528,257 |
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
Date | Event | Price |
|---|---|---|
| 2025-07-28 | Price change | $629,000 |
| 2025-07-28 | Price change | $629,900 |
| 2025-06-27 | Listed for sale | $649,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-31 | $4680.79 | 3.19% | $362,930 | 3.00% |
| 2022-07-31 | $4535.97 | 3.52% | $352,360 | 3.00% |
| 2021-07-31 | $4381.83 | 4.38% | $342,100 | 3.00% |
Listed by: Julie R Love • Cascade Hasson Sotheby's International Realty
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1716
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.
