387 S Nehalem StClatskanieOR97016
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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
Rental property for sale in Clatskanie at 387 S Nehalem St, Clatskanie, OR, 97016 offers $2,610/mo rent that, after a $602/mo payment, leaves $1,868/mo cash flow. Total monthly income is $2,610/mo, and annual cash flow is $22,411/yr on $40,775 cash. Return on cash invested measures 74.87% in year one, and rental yield stands at 25.46% at a $123,000 entry. Equity gained on principal adds $794/yr while 5% annual appreciation compounds into $33,983 by year five. Five-year ROI records 397.43% and total cumulative return in cash reaches $162,049. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,610/mo property income versus a $602/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97016, Clatskanie, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,987 (100%) |
| Owner Occupied HU | 2,077 (69.5%) |
| Renter Occupied HU | 556 (18.6%) |
| Vacant Housing Units | 354 (11.9%) |
| Median Home Value | $435,142 |
| Average Home Value | $448,625 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
2,134
Multi-Family
2
Businesses
159
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Listed by: Daniel Mal • Mal & Seitz
Mls Name: RMLS (OR)
Mls ID: #587954316