7113 SW Abalone StSouth BeachOR97366
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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 South Beach at 7113 SW Abalone St, South Beach, OR, 97366 uses $148,844 cash to close to unlock $1,409/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $2,828/mo, and a $2,198/mo payment keeps the spread at $117/mo. Purchase price stands at $449,000, and rental yield measures 7.56% with $2,828/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 107.72% and total cumulative return in cash records $160,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,828/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97366, South Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,153 (100%) |
| Owner Occupied HU | 651 (56.5%) |
| Renter Occupied HU | 222 (19.3%) |
| Vacant Housing Units | 280 (24.3%) |
| Median Home Value | $556,564 |
| Average Home Value | $601,644 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
868
Multi-Family
25
Businesses
59
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Listed by: Samantha McClain • Realty One Group At The Beach, Newport
Mls Name: OCMLS
Mls ID: #25-2329