6452 Shade St, Cloverdale, OR, 97112 | 6.01% Rental Yield

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6452 Shade St, Cloverdale, OR, 97112 | 6.01% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cloverdale at 6452 Shade St, Cloverdale, OR, 97112 generates $2,930/mo in rent, after a $2,863/mo payment. Total monthly income is $2,930/mo. Return on cash invested sits at 16.31% in year one, and rental yield is 6.01% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 83.35% and total cumulative return in cash sums $160,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,930/mo property income rather than buyer’s personal income.

Townhouse

Built in 2007

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Pirate's River View Loft an entertainer's dream. This spacious, open-floor-plan townhome features a recently updated kitchen with a 10-foot island, perfect for gatherings. Enjoy distant Nestucca River views from the front and peaceful wildlife reserve views from the back. Tucked away in a quiet setting yet close to shopping and restaurants, you'll fall asleep to the sounds of frogs and crickets. This beautiful 3-bedroom home includes additional closet space in the main bedroom, 2.5 bathrooms with a walk-in shower, and a 2-car tandem garage. Across the street you'll find paddleboard, kayak, and boat rentals along with a convenient boat launch. Summer brings a free shuttle to Pacific City attractions, and you can even watch the Dory Boat parade from your upstairs office. Chair lifts on both levels make access effortlessideal for daily convenience or bringing up groceries. With no HOA fees and only four units total, this townhome offers rare privacy. Truly a must-see! SELLER IS A LICENSED REAL ESTATE AGENT*

Neighborhood Data

Neighborhood data shown for ZIP Code: 97112, Cloverdale, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,019 (100%)
Owner Occupied HU	901 (44.6%)
Renter Occupied HU	248 (12.3%)
Vacant Housing Units	870 (43.1%)
Median Home Value	$467,647
Average Home Value	$508,310