349 Salishan DrGleneden BeachOR97388
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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 Gleneden Beach at 349 Salishan Dr, Gleneden Beach, OR, 97388 projects strong ROI of 0.79%. Rental yield 0.96%. With 5% annual appreciation, the property builds $1,353,780 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.09%, translating into $1,502 in total cumulative return on $1,587,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2020
0.44 Acres lot
$N/A/sqft
$223 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97388, Gleneden Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 282 (34.5%) |
| Renter Occupied HU | 62 ( 7.6%) |
| Vacant Housing Units | 473 (57.9%) |
| Median Home Value | $521,084 |
| Average Home Value | $550,603 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: MARIA BOULTON • Coldwell Banker Bain
Mls Name: WVMLS
Mls Provider:
Mls ID: #828467
Disclaimer: Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.