100 N 1st StreetPacific BeachWA98571
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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
Total monthly income runs $2,200/mo, and a $2,883/mo payment. Purchase price stands at $589,000, and rental yield measures 4.48% with $2,200/mo rent. Return on cash invested shows 11.76% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 58.88% and total cumulative return in cash records $114,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,200/mo property income covering a $2,883/mo payment rather than investor’s personal income.
Single Family
Built in 1929
3,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98571, Pacific Beach, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 179 (28.0%) |
| Renter Occupied HU | 51 ( 8.0%) |
| Vacant Housing Units | 410 (64.1%) |
| Median Home Value | $413,235 |
| Average Home Value | $372,933 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Listed by: Andy O'Shea • KW Everett
Mls Name: NWMLS
Mls ID: #2395263