4399 SW Eriksen Ave #41WaldportOR97394
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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 Waldport at 4399 SW Eriksen Ave #41, Waldport, OR, 97394 earns $270/mo cash flow from $1,230/mo rent with a $778/mo payment. Total monthly income totals $1,230/mo, and annual cash flow totals $3,246/yr on $52,709 capital. ROI tracks 26.07% on current figures, and rental yield reads 9.28% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 135.71% and total cumulative return in cash sums $71,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,230/mo property income instead of your personal income.
Home Type Unknown
Built in 2019
N/A 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
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