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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ocean Shores at 1051 Ocean Shores Boulevard SW #1B, Ocean Shores, WA, 98569 uses $99,119 cash to close to unlock $6,529/yr annual cash flow and $544/mo monthly cash flow. Total monthly income runs $2,341/mo, and a $1,463/mo payment keeps the spread at $544/mo. Purchase price stands at $299,000, and rental yield measures 9.4% with $2,341/mo rent. Return on cash invested shows 26.5% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 137.98% and total cumulative return in cash records $136,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,341/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
| 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 |
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristie Causey • North Beach Realty OS LLC
Mls Name: NWMLS
Mls ID: #2407928
