9361 SW Abalone StSouth BeachOR97366
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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 South Beach at 9361 SW Abalone St, South Beach, OR, 97366 listed at $485,000 pairs $3,352/mo rent with a $2,374/mo payment to leave $424/mo cash flow. Total monthly income runs $3,352/mo, and annual cash flow reaches $5,091/yr on $160,778 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 8.29% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 119.63% and total cumulative return in cash totals $192,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,352/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97366, South Beach, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,153 (100%) |
| Owner Occupied HU | 651 (56.5%) |
| Renter Occupied HU | 222 (19.3%) |
| Vacant Housing Units | 280 (24.3%) |
| Median Home Value | $556,564 |
| Average Home Value | $601,644 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
868
Multi-Family
25
Businesses
59
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Listed by: Casandra Thompson • Coldwell Banker Professional Group - Newport
Mls Name: OCMLS
Mls ID: #25-2276