








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 Gleneden Beach at 563 Fairway Dr, Gleneden Beach, OR, 97388 priced at $499,000 pairs $4,013/mo rent with $1,001/mo cash flow after a $2,442/mo payment. Total monthly income equals $4,013/mo, and annual cash flow comes to $12,016/yr on $165,419 invested. Return on cash invested is 27.17% in year one, and rental yield stands at 9.65% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 141.6% and total cumulative return in cash reaches $234,234. For financing, Ziffy Mortgage’s DSCR program evaluates $4,013/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97388, Gleneden Beach, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 282 (34.5%) |
| Renter Occupied HU | 62 ( 7.6%) |
| Vacant Housing Units | 473 (57.9%) |
| Median Home Value | $521,084 |
| Average Home Value | $550,603 |
Residential
0
Single Family
0
Multi-Family
0
Businesses
46
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: Mark Charlesworth • Keller Williams Realty- Portland Central
Mls Name: OCMLS
Mls ID: #25-2584