1018 Glenwood StPt AngelesWA98363
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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
Rental property for sale in Pt Angeles at 1018 Glenwood St, Pt Angeles, WA, 98363 generates $2,340/mo in rent and, after a $1,610/mo payment, leaves $363/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $4,351/yr on $109,064 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 8.53% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash sums $135,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
4,791 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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Listed by: Jarratt Spady • PROFESSIONAL RLTY SRVCS SEQUIM INC
Mls Name: Olympic Listing Service
Mls ID: #391442