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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Seaside at 717 12th Ave, Seaside, OR, 97138 generates $3,600/mo in rent and, after a $2,105/mo payment, leaves $1,004/mo in cash flow. Total monthly income is $3,600/mo, and annual cash flow is $12,049/yr on $142,545 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 10.05% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 147.99% and total cumulative return in cash sums $210,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 97138, Seaside, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,933 (100%) |
| Owner Occupied HU | 3,159 (39.8%) |
| Renter Occupied HU | 2,180 (27.5%) |
| Vacant Housing Units | 2,594 (32.7%) |
| Median Home Value | $490,174 |
| Average Home Value | $581,667 |
Residential
5,150
Single Family
4,738
Multi-Family
412
Businesses
759
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michael Hague • Cascade Hasson Sotheby's International Realty
Mls Name: RMLS (OR)
Mls ID: #24489525
