6350 Rhododendron AveDepoe BayOR97341
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
Rental property for sale in Depoe Bay at 6350 Rhododendron Ave, Depoe Bay, OR, 97341 generates $1,318/mo in rent and, after a $857/mo payment, leaves $261/mo in cash flow. Total monthly income is $1,318/mo, and annual cash flow is $3,135/yr on $58,013 invested. Return on cash invested sits at 25.31% in year one, and rental yield is 9.04% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 131.67% and total cumulative return in cash sums $76,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,318/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,097 (43.6%) |
| Renter Occupied HU | 354 (14.1%) |
| Vacant Housing Units | 1,063 (42.3%) |
| Median Home Value | $446,283 |
| Average Home Value | $528,257 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices