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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Neskowin at Tl53 Pelican Point LOT 53, Neskowin, OR, 97149 with 5% annual appreciation on a $985,899 basis while $2,100/mo rent supports operations. 14% in year one. Equity gained on principal adds $6,362/yr, and five-year appreciation sums $272,386 alongside rental yield of 2.56%. Five-year ROI measures 23.65% and total cumulative return in cash totals $76,696. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $4,825/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
$2,200 yearly HOA
Neighborhood data shown for ZIP Code: 97149, Neskowin, OR area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 246 (28.4%) |
| Renter Occupied HU | 56 ( 6.5%) |
| Vacant Housing Units | 564 (65.1%) |
| Median Home Value | $661,111 |
| Average Home Value | $733,354 |
Residential
376
Single Family
376
Multi-Family
0
Businesses
25
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $985,899 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Barnes • Taylor & Taylor Realty Company
Mls Name: OCMLS
Mls Provider:
Mls ID: #25-653
Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.
