LOT 5 Sea Crest Dr #R501090Otter RockOR97369
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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 Otter Rock at LOT 5 Sea Crest Dr #R501090, Otter Rock, OR, 97369 offers a 0% rental yield on a $995,000 purchase with $0/mo rent. 96% in year one. Equity gained on principal adds $6,421/yr while 5% annual appreciation supports $274,900 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $4,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97369, Otter Rock, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 403 (100%) |
| Owner Occupied HU | 138 (34.2%) |
| Renter Occupied HU | 21 ( 5.2%) |
| Vacant Housing Units | 244 (60.5%) |
| Median Home Value | $531,690 |
| Average Home Value | $520,072 |
Housing Distribution
Address Breakdown
Residential
161
Single Family
149
Multi-Family
12
Businesses
3
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Listed by: DELENE MYERS • Re/Max Integrity Albany Branch
Mls Name: WVMLS
Mls ID: #832543