46990 Terrace DrNeskowinOR97149
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 Neskowin at 46990 Terrace Dr, Neskowin, OR, 97149 generates $4,367/mo in rent, after a $3,965/mo payment. Total monthly income is $4,367/mo. Return on cash invested sits at 17.71% in year one, and rental yield is 6.47% on a $810,000 entry. Equity gained on principal adds $5,227/yr, while 5% annual appreciation builds toward $223,788 over five years. Five-year ROI reaches 90.8% and total cumulative return in cash sums $241,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,367/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97149, Neskowin, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 246 (28.4%) |
| Renter Occupied HU | 56 ( 6.5%) |
| Vacant Housing Units | 564 (65.1%) |
| Median Home Value | $661,111 |
| Average Home Value | $733,354 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
376
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robyn E Tanner • Beachside Realty
Mls Name: OCMLS
Mls Provider:
Mls ID: #24-1162
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.