566 SW Ferry AveSiletzOR97380
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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
Investment property for sale in Siletz at 566 SW Ferry Ave, Siletz, OR, 97380 listed at $328,900 pairs $2,382/mo rent with a $1,610/mo payment to leave $397/mo cash flow. Total monthly income runs $2,382/mo, and annual cash flow reaches $4,758/yr on $109,030 cash to close. Return on cash invested measures 24.27% in year one, and rental yield registers 8.69% at a $328,900 basis. Equity gained on principal adds $2,122/yr, and annual property appreciation at 5% supports $90,869 by year five. Five-year ROI tracks 126.05% and total cumulative return in cash totals $137,437. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,382/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97380, Siletz, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,057 (100%) |
| Owner Occupied HU | 757 (71.6%) |
| Renter Occupied HU | 211 (20.0%) |
| Vacant Housing Units | 89 ( 8.4%) |
| Median Home Value | $422,928 |
| Average Home Value | $501,711 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
420
Multi-Family
3
Businesses
42
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Listed by: Tina Molina • Coldwell Banker Professional Group - Newport
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1348
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.