411 SE Winchell StDepoe BayOR97341
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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
Investment property for sale in Depoe Bay at 411 SE Winchell St, Depoe Bay, OR, 97341 uses $170,751 cash to close to unlock $66/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $3,138/mo, and a $2,540/mo payment keeps the spread at $5/mo. Purchase price stands at $519,000, and rental yield measures 7.26% with $3,138/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 103.64% and total cumulative return in cash records $176,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,138/mo property income covering a $2,540/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,098 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
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