530 Nehalem AveAstoriaOR97103
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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
Rental property for sale in Astoria at 530 Nehalem Ave, Astoria, OR, 97103 offers $2,094/mo rent that, after a $1,762/mo payment. Total monthly income is $2,094/mo. Return on cash invested measures 19.11% in year one, and rental yield stands at 6.98% at a $359,990 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,459 by year five. Five-year ROI records 98.42% and total cumulative return in cash reaches $117,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,094/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97103, Astoria, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,624 (100%) |
| Owner Occupied HU | 4,858 (56.3%) |
| Renter Occupied HU | 3,089 (35.8%) |
| Vacant Housing Units | 677 ( 7.9%) |
| Median Home Value | $477,858 |
| Average Home Value | $528,653 |
Housing Distribution
Address Breakdown
Residential
7,937
Single Family
7,199
Multi-Family
738
Businesses
954
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