5220 SW Neal Ave, Waldport, OR, 97394 | 4.42% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

5220 SW Neal Ave, Waldport, OR, 97394 | 4.42% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
3608 sft

327 Lemwick Ln, Yachats, OR, 97498

2 Bed
3 Bath
2060 sft

3512 Highway 101 N, Yachats, OR, 97498

4 Bed
3 Bath
2312 sft

550 Coolidge Ln, Yachats, OR, 97498

4 Bed
3 Bath
2438 sft

341 Spruce Ave, Yachats, OR, 97498

Nearby investment properties with comparable prices

3 Bed
2 Bath
2338 sft

92030 Highway 101, Florence, OR, 97439

4 Bed
3 Bath
2312 sft

550 Coolidge Ln, Yachats, OR, 97498

2 Bed
4 Bath
3152 sft

514 Lemwick Ln, Yachats, OR, 97498

4 Bed
5 Bath
3359 sft

4455 Highway 101 N, Yachats, OR, 97498

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Waldport at 5220 SW Neal Ave, Waldport, OR, 97394 generates $4,015/mo in rent, after a $5,335/mo payment. Total monthly income is $4,015/mo. Return on cash invested sits at 11.66% in year one, and rental yield is 4.42% on a $1,090,000 entry. Equity gained on principal adds $7,034/yr, while 5% annual appreciation builds toward $301,147 over five years. Five-year ROI reaches 58.29% and total cumulative return in cash sums $205,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,015/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

1.44 Acres lot

$N/A/sqft

No HOA

More details about the property

RARE OCEAN VIEW ESTATE PROPERTY! First time on the market - Quality build, custom designed home sited on a 1.44 acre landscaped lot with detached RV Garage/shop with additional living space above. Relax to the sights and sound of the ocean on the stunning front deck overlooking the mature landscaped yard with irrigation and 10x12 greenhouse. Enjoy main floor living with high ceilings, loads of natural light, gas fireplace & open concept floor plan. Stylish kitchen offers granite counters, hardwood cabinetry and SS appliances. Primary bedroom has slider out to deck. Guest bedroom, den, office in loft area. 2 car attached garage PLUS dream RV shop and boat parking with approx 750 sq ft additional living space with full bath upstairs. Explore miles of sandy beach less than a block away! Property has full RV hook ups on the side of the shop. 3rd Guest bedroom and laundry room are on main level. Additional custom features include: Central vacuum system, built-in wiring for surround sound/intercom, and alarm system. LED Lighting throughout. 6 zone irrigation drip system and paved driveway. Explore miles of sandy beach at the nearby Wakonda Beach Rd access less than a block away. Truly a special home and property!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.

Housing Distribution

Housing Statistics

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