35 Piano CtDepoe BayOR97341
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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 Depoe Bay at 35 Piano Ct, Depoe Bay, OR, 97341 earns $361/mo cash flow from $2,770/mo rent with a $1,953/mo payment. Total monthly income totals $2,770/mo, and annual cash flow totals $4,338/yr on $132,269 capital. ROI tracks 23.19% on current figures, and rental yield reads 8.33% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash sums $159,038. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,770/mo property income instead of your personal income.
Single Family
Built in 1997
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
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