9840 Shore Pine Ct, Nehalem, OR, 97131 | 5.83% Rental Yield

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9840 Shore Pine Ct, Nehalem, OR, 97131 | 5.83% Rental Yield | Ziffy

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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 Nehalem at 9840 Shore Pine Ct, Nehalem, OR, 97131 earns from $4,734/mo rent with a $4,767/mo payment. Total monthly income totals $4,734/mo. ROI tracks 15.77% on current figures, and rental yield reads 5.83% at a $973,875 purchase. Equity gained on principal adds $6,284/yr, and 5% annual appreciation supports $269,064 over five years. Five-year ROI reaches 80.43% and total cumulative return in cash sums $257,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,734/mo property income instead of your personal income.

Single Family

Built in 2004

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Dream retreat in Manzanita, Oregon! This spacious 4-bedroom, 3-bathroom gem sits on an oversized lot that backs to lush, protected open spaceoffering privacy and a stunning natural backdrop. Designed for comfort and entertaining, the home boasts a main-level primary suite plus a separate guest suite with full bath, perfect for visitors or multi-generational living. 2-story beam ceilings flood the open living areas with light, while the bonus/game room provides extra space for fun and relaxation. Step outside to your own outdoor oasisan extensive hardscaped patio area with a cozy fire pit, ideal for starry coastal nights. Tucked at the end of a quiet cul-de-sac, this one-owner home also features a rare 3-car tandem garage, perfect for extra vehicles, toys, seasonal storage or a workshop. Coastal living meets timeless designdont miss this rare find in one of Oregons most beloved beach towns!

Neighborhood Data

Neighborhood data shown for ZIP Code: 97131, Nehalem, OR area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,146 (100%)
Owner Occupied HU	1,103 (51.4%)
Renter Occupied HU	310 (14.4%)
Vacant Housing Units	733 (34.2%)
Median Home Value	$499,819
Average Home Value	$567,493