








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Manzanita at 388 Ridge Ct, Manzanita, OR, 97130 projects strong ROI of 5.69%. Rental yield 2.49%. With 5% annual appreciation, the property builds $580,191 in value over five years. Equity growth combined delivers a projected five-year ROI of 26.28%, translating into $178,799 in total cumulative return on $680,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2004
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97130, Manzanita, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,464 (100%) |
| Owner Occupied HU | 320 (21.9%) |
| Renter Occupied HU | 81 ( 5.5%) |
| Vacant Housing Units | 1,063 (72.6%) |
| Median Home Value | $777,778 |
| Average Home Value | $788,469 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
118
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sally Conrad • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #411265766