461 Terrace DrRockaway BeachOR97136
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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 Rockaway Beach at 461 Terrace Dr, Rockaway Beach, OR, 97136 listed at $815,000 pairs $2,640/mo rent with a $3,989/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 9.86% in year one, and rental yield registers 3.89% at a $815,000 basis. Equity gained on principal adds $5,259/yr, and annual property appreciation at 5% supports $225,169 by year five. Five-year ROI tracks 48.71% and total cumulative return in cash totals $130,609. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $3,989/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97136, Rockaway Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,767 (100%) |
| Owner Occupied HU | 779 (28.2%) |
| Renter Occupied HU | 258 ( 9.3%) |
| Vacant Housing Units | 1,730 (62.5%) |
| Median Home Value | $430,932 |
| Average Home Value | $465,677 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
744
Multi-Family
2
Businesses
77
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Listed by: Dustin Trost • Rob Trost Real Estate LLC
Mls Name: RMLS (OR)
Mls ID: #544313521