6545 B Ave, Otter Rock, OR, 97369 | 4.95% Rental Yield

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6545 B Ave, Otter Rock, OR, 97369 | 4.95% 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 Otter Rock at 6545 B Ave, Otter Rock, OR, 97369 generates $2,639/mo in rent, after a $3,132/mo payment. Total monthly income is $2,639/mo. Return on cash invested sits at 13.09% in year one, and rental yield is 4.95% on a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 66.03% and total cumulative return in cash sums $139,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,639/mo property income rather than buyer’s personal income.

Single Family

Built in 1953

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

This ocean view house is located up the hill from Otter Rock beach access and it has a deck with an ocean view! There's a good sized kitchen with updated cabinets and countertop and a deep, under counter mounted, stainless steel sink. The dining area has an ocean view and the living room has big windows, an ocean view, oak flooring, a wood burning fireplace and built in shelving. There are also a full bath and two bedrooms on the main floor. The lower level has a big room with a tile floor, utility sink , washer/dryer hookups and an entry door. There are two bonus rooms, a bathroom with a tile shower and a bedroom with an entry door. There are two sheds in the back yard. One is a utility shed and the other could be used for an art studio. This home needs work and is offered ''As Is'

Neighborhood Data

Neighborhood data shown for ZIP Code: 97369, Otter Rock, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	403 (100%)
Owner Occupied HU	138 (34.2%)
Renter Occupied HU	21 ( 5.2%)
Vacant Housing Units	244 (60.5%)
Median Home Value	$531,690
Average Home Value	$520,072