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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gleneden Beach at 600 Island Dr UNIT 1, Gleneden Beach, OR, 97388 earns $866/mo cash flow from $3,431/mo rent with a $2,080/mo payment. Total monthly income totals $3,431/mo, and annual cash flow totals $10,389/yr on $140,888 capital. ROI tracks 27.28% on current figures, and rental yield reads 9.69% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 142.18% and total cumulative return in cash sums $200,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,431/mo property income instead of your personal income.
Condo
Built in 1979
N/A 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: Karla Kuhlenbeck • Windermere West Coast Properties
Mls Name: OCMLS
Mls ID: #25-1299
