633 N Pacific StRockaway BeachOR97136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rockaway Beach at 633 N Pacific St, Rockaway Beach, OR, 97136 listed at $937,000 pairs $2,665/mo rent with a $4,586/mo payment. Total monthly income runs $2,665/mo. Return on cash invested measures 8.42% in year one, and rental yield registers 3.41% at a $937,000 basis. Equity gained on principal adds $6,046/yr, and annual property appreciation at 5% supports $258,876 by year five. Five-year ROI tracks 40.99% and total cumulative return in cash totals $126,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,665/mo property income relative to a $4,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97136, Rockaway Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,767 (100%) |
| Owner Occupied HU | 779 (28.2%) |
| Renter Occupied HU | 258 ( 9.3%) |
| Vacant Housing Units | 1,730 (62.5%) |
| Median Home Value | $430,932 |
| Average Home Value | $465,677 |
Housing Distribution
Address Breakdown
Residential
746
Single Family
744
Multi-Family
2
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Despain • Keller Williams Sunset Corridor - Coast Life
Mls Name: OCMLS
Mls ID: #26-84