34210 Ocean DrPacific CityOR97135
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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 Pacific City at 34210 Ocean Dr, Pacific City, OR, 97135 generates $2,250/mo in rent, after a $5,384/mo payment. Total monthly income is $2,250/mo. Return on cash invested sits at 5.59% in year one, and rental yield is 2.45% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 25.76% and total cumulative return in cash sums $91,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,250/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97135, Pacific City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 202 (31.4%) |
| Renter Occupied HU | 69 (10.7%) |
| Vacant Housing Units | 372 (57.9%) |
| Median Home Value | $537,671 |
| Average Home Value | $607,364 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
84
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Listed by: Nicole Twigg • Kiwanda Coastal Properties
Mls Name: OCMLS
Mls ID: #26-162