9361 SW Abalone St, South Beach, OR, 97366 | $424/mo Cash Flow

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9361 SW Abalone St, South Beach, OR, 97366 | $424/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 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

More details about the property

Welcome to your slice of paradise on the stunning Oregon Coast! This 1,452 sq ft, 3-bedroom, 1.5-bath home offers the perfect blend of coastal living and peaceful retreat. Tucked just outside of town, you'll enjoy the quiet of nature while still being minutes away from everyday conveniences. Brand-new septic installed 2022. You can hear the waves crashing from your front porch and catch peekaboo ocean views from the second floor, including right off the private deck of the primary bedroom. Close to beaches and South Beach State Park so you will have plenty of places to go explore! The home backs to a serene, forested landscape, giving you privacy and a true sense of escape. Whether you're looking for a full-time residence or a dreamy second home by the sea, this home is a must see.

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