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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 Siletz at 349 SW Emerald St, Siletz, OR, 97380 priced at $325,000 converts $2,558/mo rent into $596/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,558/mo, and annual cash flow totals $7,152/yr on $107,738 invested. Return on cash invested prints 26.55% in year one, and rental yield reads 9.44% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 138.23% and total cumulative return in cash sums $148,921. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,558/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97380, Siletz, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,057 (100%) |
| Owner Occupied HU | 757 (71.6%) |
| Renter Occupied HU | 211 (20.0%) |
| Vacant Housing Units | 89 ( 8.4%) |
| Median Home Value | $422,928 |
| Average Home Value | $501,711 |
Residential
423
Single Family
420
Multi-Family
3
Businesses
42
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DEBORAH HAUER • Exp Realty, Llc
Mls Name: WVMLS
Mls ID: #834516
