102 N Oar Loop NW, Ocean Shores, WA, 98569 | $294/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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102 N Oar Loop NW, Ocean Shores, WA, 98569 | $294/mo Cash Flow | Ziffy

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ocean Shores at 102 N Oar Loop NW, Ocean Shores, WA, 98569 at $345,500 posts ROI 22.99% with $294/mo cash flow from $2,371/mo rent. Total monthly income equals $2,371/mo, and annual cash flow records $3,530/yr on $114,533 to close. Return on cash invested measures 22.99% and rental yield reads 8.24% at the current $345,500. Equity gained on principal adds $2,229/yr, and 5% annual appreciation supports $95,455 by year five. Five-year ROI prints 119.17% and total cumulative return in cash totals $136,493.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,371/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2020

7,148 sqft lot

$N/A/sqft

No HOA

More details about the property

LIKE NEW 2 BD, 1.75 BA HOME Near the Beach! Just one lot off of Ocean Lake Way Beach Access Street, this upgraded 2020 year-built home features an Open Floor Plan & LVP flooring thru-out (tile in BAs). Enter off the full-length Covered Front Deck into the LR w/ vaulted ceiling, a rock-covered propane fireplace, custom blinds, & lots of windows for natural light. Flow into the Kitchen/Dining Room w/ Quartz counters, Island, SS appliances w/ propane range. BONUS: Rear Covered Deck was completely enclosed (by a contractor) ~ use this extra approx. 248 sq.ft. of enclosed space to your desire. Master BD w/ slider to the Enclosed Bonus Room. Enjoy the added charm and expense to this house w/ the Fully-Fenced Backyard, 8x12 Shed, & beautiful lawn.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,041 (100%)
Owner Occupied HU	3,028 (50.1%)
Renter Occupied HU	751 (12.4%)
Vacant Housing Units	2,262 (37.4%)
Median Home Value	$437,696
Average Home Value	$590,386