103 24th St NE, Long Beach, WA, 98631 | 5.14% Rental Yield

Off market

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

Total monthly income runs $1,624/mo, and a $1,856/mo payment. Purchase price stands at $379,300, and rental yield measures 5.14% with $1,624/mo rent. Return on cash invested shows 13.65% in year one, and 5% annual appreciation builds toward $104,794 over five years. Five-year ROI reaches 69.08% and total cumulative return in cash records $86,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,624/mo property income covering a $1,856/mo payment rather than investor’s personal income.

Single Family

Built in 1969

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 98631, Long Beach, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,141 (100%)
Owner Occupied HU	1,377 (43.8%)
Renter Occupied HU	578 (18.4%)
Vacant Housing Units	1,186 (37.8%)
Median Home Value	$378,245
Average Home Value	$478,488