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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Neskowin at 48990 Highway 101 S UNIT 301, Neskowin, OR, 97149 generates $2,100/mo in rent, after a $1,591/mo payment. Total monthly income is $2,100/mo. Return on cash invested sits at 16.95% in year one, and rental yield is 7.75% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 88.38% and total cumulative return in cash sums $95,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$404 monthly HOA
Neighborhood data shown for ZIP Code: 97149, Neskowin, OR area.
| 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 |
Residential
376
Single Family
376
Multi-Family
0
Businesses
25
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Sold | $325,000 |
| 2025-07-10 | Pending sale | $325,000 |
| 2025-07-09 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Shae Lambert • CENTURY 21 Shorepine Properties
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1566
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.
