








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 Waldport at 48 N Sheppard Point Rd, Waldport, OR, 97394 priced at $180,000 converts $1,391/mo rent into $305/mo cash flow after a $881/mo obligation. Total monthly income equals $1,391/mo, and annual cash flow totals $3,654/yr on $59,670 invested. Return on cash invested prints 26.03% in year one, and rental yield reads 9.27% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 135.51% and total cumulative return in cash sums $80,861. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,391/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
| 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 |
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sean Corbett • Taylor & Taylor Realty Company
Mls Name: OCMLS
Mls ID: #25-2579