740 Monica CtCannon BeachOR97110
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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 Cannon Beach at 740 Monica Ct, Cannon Beach, OR, 97110 with 5% annual appreciation on a $1,999,995 basis while $8,112/mo rent supports operations. 04% in year one. Equity gained on principal adds $12,906/yr, and five-year appreciation sums $552,562 alongside rental yield of 4.87%. Five-year ROI measures 65.68% and total cumulative return in cash totals $425,609. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,112/mo property income versus a $9,789/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97110, Cannon Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 480 (25.9%) |
| Renter Occupied HU | 224 (12.1%) |
| Vacant Housing Units | 1,152 (62.1%) |
| Median Home Value | $760,542 |
| Average Home Value | $823,224 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
185
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Listed by: Tori Nicol • Coldwell Banker Professional
Mls Name: RMLS (OR)
Mls ID: #256716948