955 NE Mill St #C17WaldportOR97394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Waldport at 955 NE Mill St #C17, Waldport, OR, 97394 offers a 9.14% rental yield on a $147,000 purchase with $1,120/mo rent. Total monthly income registers $1,120/mo, and a $719/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,798/yr on $48,731 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 133.52% and total cumulative return in cash at $65,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,120/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97394, Waldport, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 2,047 (54.5%) |
| Renter Occupied HU | 584 (15.5%) |
| Vacant Housing Units | 1,126 (30.0%) |
| Median Home Value | $408,669 |
| Average Home Value | $440,280 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,482
Multi-Family
17
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices