621 E Logsden RdSiletzOR97380
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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 621 E Logsden Rd, Siletz, OR, 97380 with 5% annual appreciation on a $225,000 basis while $1,519/mo rent supports operations. Total monthly income totals $1,519/mo and a $1,101/mo payment preserves $161/mo for cash returns. Annual cash flow comes to $1,933/yr on $74,588 deployed, and return on cash invested reaches 22.5% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.1%. Five-year ROI measures 116.59% and total cumulative return in cash totals $86,961.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,519/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
2.60 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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