620 North AveManzanitaOR97130
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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 Manzanita at 620 North Ave, Manzanita, OR, 97130 at $879,000 posts ROI 13.33% with from $3,684/mo rent. Total monthly income equals $3,684/mo. Return on cash invested measures 13.33% and rental yield reads 5.03% at the current $879,000. Equity gained on principal adds $5,672/yr, and 5% annual appreciation supports $242,851 by year five. Five-year ROI prints 67.34% and total cumulative return in cash totals $194,730. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,684/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97130, Manzanita, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,464 (100%) |
| Owner Occupied HU | 320 (21.9%) |
| Renter Occupied HU | 81 ( 5.5%) |
| Vacant Housing Units | 1,063 (72.6%) |
| Median Home Value | $777,778 |
| Average Home Value | $788,469 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
118
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Nearby investment properties with comparable prices
Listed by: Laura Walsh • Pete Anderson Realty
Mls Name: RMLS (OR)
Mls Provider:
Mls ID: #711776411
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright 2025 RMLS, Portland, Oregon. This content last updated on 2025-07-02 12:24:55 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.