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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% |
Rental property for sale in Depoe Bay at 424 SW Cliff St, Depoe Bay, OR, 97341 offers $3,839/mo rent that, after a $6,852/mo payment. Total monthly income is $3,839/mo. Return on cash invested measures 8.17% in year one, and rental yield stands at 3.29% at a $1,400,000 entry. Equity gained on principal adds $9,034/yr while 5% annual appreciation compounds into $386,794 by year five. Five-year ROI records 39.59% and total cumulative return in cash reaches $179,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,839/mo property income versus a $6,852/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
| 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 |
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
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: BAILEY KING • Oregon First
Mls Name: WVMLS
Mls ID: #833893
