475 SE 35th St UNIT F29South BeachOR97366
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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 South Beach at 475 SE 35th St UNIT F29, South Beach, OR, 97366 earns $110/mo cash flow from $3,101/mo rent with a $2,344/mo payment. Total monthly income totals $3,101/mo, and annual cash flow totals $1,322/yr on $158,789 capital. ROI tracks 20.74% on current figures, and rental yield reads 7.77% at a $479,000 purchase. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 over five years. Five-year ROI reaches 107.4% and total cumulative return in cash sums $170,535. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,101/mo property income instead of your personal income.
Townhouse
Built in 2007
1,742 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97366, South Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,153 (100%) |
| Owner Occupied HU | 651 (56.5%) |
| Renter Occupied HU | 222 (19.3%) |
| Vacant Housing Units | 280 (24.3%) |
| Median Home Value | $556,564 |
| Average Home Value | $601,644 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
868
Multi-Family
25
Businesses
59
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Listed by: Alexandra Underhill • Martek Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1313
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.