830 Oceanway St, Seaside, OR, 97138 | $289/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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830 Oceanway St, Seaside, OR, 97138 | $289/mo Cash Flow | 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

Investment property for sale in Seaside at 830 Oceanway St, Seaside, OR, 97138 earns $289/mo cash flow from $2,220/mo rent with a $1,566/mo payment. Total monthly income totals $2,220/mo, and annual cash flow totals $3,464/yr on $106,080 capital. ROI tracks 23.17% on current figures, and rental yield reads 8.33% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 120.16% and total cumulative return in cash sums $127,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.

Single Family

Built in 1920

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this delightful Seaside cottage, perfectly positioned just a short stroll from the sandy shores and vibrant Promenade. Tucked in one of Oregons most beloved beach towns, this property offers more than just a home its a lifestyle. Seaside is known for its lively coastal community, charming shops, incredible restaurants, and endless recreation, making it a favorite destination for both visitors and locals alike. What makes this property truly unique is its dual commercial and residential zoning, opening the door to endless possibilities. Whether youre dreaming of a personal coastal getaway, a rental investment, a boutique business, or a combination of all three, this space offers the flexibility to make it your own. Inside, youll find a everything you need for comfortable living, paired with low-maintenance ease. Step outside and soak up the coastal air, enjoy morning walks along the oceanfront, or explore nearby trails, cafes, and local attractions all within walking distance. Opportunities at this price point dont come along often. Whether you're seeking an investment, a vacation home, or a charming space to call your own, this versatile property in the heart of Seaside offers it all.

Neighborhood Data

Neighborhood data shown for ZIP Code: 97138, Seaside, OR area.

Housing Distribution

Housing Statistics

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