106 Emerson AvenueHoquiamWA98550
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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 Hoquiam at 106 Emerson Avenue, Hoquiam, WA, 98550 priced at $239,000 pairs $1,628/mo rent with $191/mo cash flow after a $1,170/mo payment. Total monthly income equals $1,628/mo, and annual cash flow comes to $2,293/yr on $79,229 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 8.17% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 118.19% and total cumulative return in cash reaches $93,636. For financing, Ziffy Mortgage’s DSCR program evaluates $1,628/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98550, Hoquiam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 3,018 (57.0%) |
| Renter Occupied HU | 1,734 (32.8%) |
| Vacant Housing Units | 541 (10.2%) |
| Median Home Value | $262,970 |
| Average Home Value | $317,287 |
Housing Distribution
Address Breakdown
Residential
4,674
Single Family
4,327
Multi-Family
347
Businesses
346
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Listed by: Christopher Pierog • Spivey Realty Group, LLC
Mls Name: NWMLS
Mls ID: #2460259