







No similar price properties found nearby.

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 Seaside at 40 Avenue U APT 61, Seaside, OR, 97138 uses $65,969 cash to close to unlock $1,942/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $1,363/mo, and a $974/mo payment keeps the spread at $162/mo. Purchase price stands at $199,000, and rental yield measures 8.22% with $1,363/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 118.43% and total cumulative return in cash records $78,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,363/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97138, Seaside, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,933 (100%) |
| Owner Occupied HU | 3,159 (39.8%) |
| Renter Occupied HU | 2,180 (27.5%) |
| Vacant Housing Units | 2,594 (32.7%) |
| Median Home Value | $490,174 |
| Average Home Value | $581,667 |
Residential
5,150
Single Family
4,738
Multi-Family
412
Businesses
759
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.



Listed by: Pam Birmingham • Windermere Realty Trust
Mls Name: RMLS (OR)
Mls ID: #721366705