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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 Depoe Bay at 93 Oceanview St, Depoe Bay, OR, 97341 offers $2,923/mo rent that, after a $2,601/mo payment. Total monthly income is $2,923/mo. Return on cash invested measures 17.53% in year one, and rental yield stands at 6.6% at a $531,500 entry. Equity gained on principal adds $3,430/yr while 5% annual appreciation compounds into $146,844 by year five. Five-year ROI records 90.07% and total cumulative return in cash reaches $157,497. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,923/mo property income versus a $2,601/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
3,049 sqft lot
$N/A/sqft
$1,000 yearly HOA
Neighborhood data shown for ZIP Code: 97341, Depoe Bay, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,514 (100%) |
| Owner Occupied HU | 1,097 (43.6%) |
| Renter Occupied HU | 354 (14.1%) |
| Vacant Housing Units | 1,063 (42.3%) |
| Median Home Value | $446,283 |
| Average Home Value | $528,257 |
Residential
1,209
Single Family
1,115
Multi-Family
94
Businesses
126
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Sold | $531,500 |
| 2025-09-04 | Contingent | $557,000 |
| 2025-08-18 | Price change | $557,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $4329.26 | 9.23% | $316,520 | 3.00% |
| 2023-10-17 | $3963.44 | 3.19% | $307,310 | 3.00% |
| 2022-10-17 | $3840.83 | 3.52% | $298,360 | 3.00% |
Listed by: Alexandra Underhill • Martek Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-1288
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms.
