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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 Rockaway Beach at 367 Longview Loop, Rockaway Beach, OR, 97136 priced at $1,500,000 pairs $4,706/mo rent with after a $7,342/mo payment. Total monthly income equals $4,706/mo. Return on cash invested is 9.63% in year one, and rental yield stands at 3.76% on a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and 5% annual appreciation accumulates to $414,422 by year five. Five-year ROI measures 47.43% and total cumulative return in cash reaches $230,531. For financing, Ziffy Mortgage’s DSCR program evaluates $4,706/mo property income against a $7,342/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97136, Rockaway Beach, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,767 (100%) |
| Owner Occupied HU | 779 (28.2%) |
| Renter Occupied HU | 258 ( 9.3%) |
| Vacant Housing Units | 1,730 (62.5%) |
| Median Home Value | $430,932 |
| Average Home Value | $465,677 |
Residential
746
Single Family
744
Multi-Family
2
Businesses
77
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Listed for sale | $1,500,000 |
| 2009-10-22 | Sold | $590,000 |
| 2009-05-10 | Listing removed | $699,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $5566.04 | 3.21% | $555,990 | 3.00% |
| 2022-10-15 | $5393.13 | 3.15% | $539,800 | 3.00% |
| 2021-10-15 | $5228.32 | 2.86% | $524,080 | 3.00% |
Listed by: Kendall Bergstrom-Delancellotti • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #24140604
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2024 RMLS, Portland, Oregon. This content last updated on 2024-10-15 10:14:03 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
