4175 N Highway 101 APT A1, Depoe Bay, OR, 97341 | 5.27% Rental Yield

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4175 N Highway 101 APT A1, Depoe Bay, OR, 97341 | 5.27% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Depoe Bay at 4175 N Highway 101 APT A1, Depoe Bay, OR, 97341 earns from $2,567/mo rent with a $2,863/mo payment. Total monthly income totals $2,567/mo. ROI tracks 14.05% on current figures, and rental yield reads 5.27% at a $585,000 purchase. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 over five years. Five-year ROI reaches 71.21% and total cumulative return in cash sums $137,058. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,567/mo property income instead of your personal income.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

This stunning main-level oceanfront condo in the exclusive gated community of Searidge offers breathtaking, panoramic views of the Pacific Ocean from the moment you step inside. Flooded with natural light through expansive windows, the open-concept living, dining, and kitchen areas create an inviting space perfect for relaxing or entertaining, complete with a cozy gas fireplace and newly installed white oak hardwood flooring. The beautifully updated kitchen features modern finishes and a clean, coastal aesthetic, while the spacious primary suite opens to a private courtyard, providing a peaceful retreat. The guest bedroom, equipped with a Murphy bed, easily transforms into a versatile office or den. Renovated in 2022, this home includes an upgraded walk-in shower, new electrical system, new garage roof, newly built front deck, and a 240V Level 2 electric car charger. Custom California Closets throughout offer ample, well-organized storage. Searidge residents enjoy resort-style amenities including a heated outdoor pool, hot tub, tennis and pickleball courts, and direct private beach access. The beautifully landscaped common areas are perfect for walking and enjoying the ocean breeze. This quiet, no short-term rental community ensures a peaceful environment for full-time living or a luxurious coastal getaway. Located in the heart of Depoe Bay, you're just minutes from world-famous whale watching, boutique shops, fresh seafood dining, and endless outdoor adventures along the Oregon Coast. Don't miss this rare opportunity to own a move-in ready, ocean-view retreat that combines elegance, comfort, and the best of coastal living.

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