5201 SW Highway 101 #314Lincoln cityOR97367
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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
Total monthly income runs $2,293/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 5% with $2,293/mo rent. Return on cash invested shows 9.56% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 48.48% and total cumulative return in cash records $87,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,293/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Condo
Built in 1999
6,969 sqft lot
$N/A/sqft
$556 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,927 (100%) |
| Owner Occupied HU | 3,288 (36.8%) |
| Renter Occupied HU | 2,327 (26.1%) |
| Vacant Housing Units | 3,312 (37.1%) |
| Median Home Value | $450,256 |
| Average Home Value | $488,708 |
Housing Distribution
Address Breakdown
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
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Listed by: Taj J Richardson • Harcourts Coast Realty
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1011
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.