415 SW Range DrWaldportOR97394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Waldport at 415 SW Range Dr, Waldport, OR, 97394 offers $3,300/mo rent that, after a $2,589/mo payment, leaves $107/mo cash flow. Total monthly income is $3,300/mo, and annual cash flow is $1,285/yr on $174,041 cash. Return on cash invested measures 20.8% in year one, and rental yield stands at 7.49% at a $529,000 entry. Equity gained on principal adds $3,414/yr while 5% annual appreciation compounds into $146,153 by year five. Five-year ROI records 107.4% and total cumulative return in cash reaches $186,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,300/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 2,047 (54.5%) |
| Renter Occupied HU | 584 (15.5%) |
| Vacant Housing Units | 1,126 (30.0%) |
| Median Home Value | $408,669 |
| Average Home Value | $440,280 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices