1038 W Glenwood StPort 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
Investment property for sale in Port Angeles at 1038 W Glenwood St, Port Angeles, WA, 98363 uses $145,529 cash to close to unlock $2,469/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $2,845/mo, and a $2,149/mo payment keeps the spread at $206/mo. Purchase price stands at $439,000, and rental yield measures 7.78% with $2,845/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 111.71% and total cumulative return in cash records $162,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,845/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.29 Acres 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: Angie Matthews • RE/MAX Evergreen
Mls Name: NWMLS
Mls ID: #2400476