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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% |
Investment property for sale in Cannon Beach at 4088 S Hemlock St, Cannon Beach, OR, 97110 uses $152,490 cash to close to unlock $8,446/yr annual cash flow and $704/mo monthly cash flow. Total monthly income runs $3,480/mo, and a $2,251/mo payment keeps the spread at $704/mo. Purchase price stands at $460,000, and rental yield measures 9.08% with $3,480/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 132.33% and total cumulative return in cash records $201,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,480/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97110, Cannon Beach, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 480 (25.9%) |
| Renter Occupied HU | 224 (12.1%) |
| Vacant Housing Units | 1,152 (62.1%) |
| Median Home Value | $760,542 |
| Average Home Value | $823,224 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
185
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: M Michele Johnson • Windermere Realty Trust
Mls Name: RMLS (OR)
Mls ID: #781809910
