355 SE Oar AveLincoln CityOR97367
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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 Lincoln City at 355 SE Oar Ave, Lincoln City, OR, 97367 listed at $268,760 pairs $3,085/mo rent with a $1,315/mo payment to leave $1,463/mo cash flow. Total monthly income runs $3,085/mo, and annual cash flow reaches $17,558/yr on $89,094 cash to close. Return on cash invested measures 39.62% in year one, and rental yield registers 13.77% at a $268,760 basis. Equity gained on principal adds $1,734/yr, and annual property appreciation at 5% supports $74,253 by year five. Five-year ROI tracks 208.36% and total cumulative return in cash totals $185,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,085/mo property income relative to a $1,315/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,927 (100%) |
| Owner Occupied HU | 3,288 (36.8%) |
| Renter Occupied HU | 2,327 (26.1%) |
| Vacant Housing Units | 3,312 (37.1%) |
| Median Home Value | $450,256 |
| Average Home Value | $488,708 |
Housing Distribution
Address Breakdown
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
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Nearby investment properties with comparable prices
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