885 NW Inlet AveLincoln CityOR97367
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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 Lincoln City at 885 NW Inlet Ave, Lincoln City, OR, 97367 with 5% annual appreciation on a $352,000 basis while $2,248/mo rent supports operations. Total monthly income totals $2,248/mo and a $1,723/mo payment preserves $123/mo for cash returns. Annual cash flow comes to $1,478/yr on $116,688 deployed, and return on cash invested reaches 21.18% in year one. Equity gained on principal adds $2,271/yr, and five-year appreciation sums $97,251 alongside rental yield of 7.66%. Five-year ROI measures 109.47% and total cumulative return in cash totals $127,734.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,248/mo property income versus a $1,723/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97367, Lincoln City, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,927 (100%) |
| Owner Occupied HU | 3,288 (36.8%) |
| Renter Occupied HU | 2,327 (26.1%) |
| Vacant Housing Units | 3,312 (37.1%) |
| Median Home Value | $450,256 |
| Average Home Value | $488,708 |
Housing Distribution
Address Breakdown
Residential
5,484
Single Family
4,835
Multi-Family
649
Businesses
648
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Listed by: Martina Childers • Coastal Home Sales LLC
Mls Name: RMLS (OR)
Mls ID: #343252323