1006 Cathleen StreetPort AngelesWA98363
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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
Rental property for sale in Port Angeles at 1006 Cathleen Street, Port Angeles, WA, 98363 offers $3,829/mo rent that, after a $2,716/mo payment, leaves $493/mo cash flow. Total monthly income is $3,829/mo, and annual cash flow is $5,920/yr on $182,562 cash. Return on cash invested measures 23.3% in year one, and rental yield stands at 8.28% at a $554,900 entry. Equity gained on principal adds $3,581/yr while 5% annual appreciation compounds into $153,309 by year five. Five-year ROI records 120.79% and total cumulative return in cash reaches $220,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,829/mo property income versus a $2,716/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98363, Port Angeles, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,951 (100%) |
| Owner Occupied HU | 4,476 (64.4%) |
| Renter Occupied HU | 1,538 (22.1%) |
| Vacant Housing Units | 937 (13.5%) |
| Median Home Value | $444,715 |
| Average Home Value | $556,119 |
Housing Distribution
Address Breakdown
Residential
6,088
Single Family
5,929
Multi-Family
159
Businesses
182
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Nearby investment properties with comparable prices
Listed by: Glenn Franko • Windermere R.E. Port Angeles
Mls Name: NWMLS
Mls ID: #2463490