3735 Sea Mist AveDepoe BayOR97341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3735 Sea Mist Ave, Depoe Bay, OR, 97341 listed at $445,000 pairs $2,810/mo rent with a $2,178/mo payment to leave $124/mo cash flow. Total monthly income runs $2,810/mo, and annual cash flow reaches $1,488/yr on $147,518 cash to close. Return on cash invested measures 20.92% in year one, and rental yield registers 7.58% at a $445,000 basis. Equity gained on principal adds $2,872/yr, and annual property appreciation at 5% supports $122,945 by year five. Five-year ROI tracks 108.03% and total cumulative return in cash totals $159,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,810/mo property income relative to a $2,178/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices