324 6th AveSeasideOR97138
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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 Seaside at 324 6th Ave, Seaside, OR, 97138 earns $266/mo cash flow from $1,323/mo rent with a $857/mo payment. Total monthly income totals $1,323/mo, and annual cash flow totals $3,195/yr on $58,013 capital. ROI tracks 25.42% on current figures, and rental yield reads 9.07% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 132.23% and total cumulative return in cash sums $76,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,323/mo property income instead of your personal income.
Single Family
Built in 1918
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97138, Seaside, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,933 (100%) |
| Owner Occupied HU | 3,159 (39.8%) |
| Renter Occupied HU | 2,180 (27.5%) |
| Vacant Housing Units | 2,594 (32.7%) |
| Median Home Value | $490,174 |
| Average Home Value | $581,667 |
Housing Distribution
Address Breakdown
Residential
5,150
Single Family
4,738
Multi-Family
412
Businesses
759
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