111 N Skokomish DriveHoodsportWA98548
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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 Hoodsport at 111 N Skokomish Drive, Hoodsport, WA, 98548 earns $263/mo cash flow from $1,915/mo rent with a $1,346/mo payment. Total monthly income totals $1,915/mo, and annual cash flow totals $3,156/yr on $91,129 capital. ROI tracks 23.37% on current figures, and rental yield reads 8.36% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 121.23% and total cumulative return in cash sums $110,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,915/mo property income instead of your personal income.
Single Family
Built in 1969
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98548, Hoodsport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,326 (100%) |
| Owner Occupied HU | 1,064 (45.7%) |
| Renter Occupied HU | 172 ( 7.4%) |
| Vacant Housing Units | 1,090 (46.9%) |
| Median Home Value | $436,446 |
| Average Home Value | $457,939 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
61
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Listed by: Jo Jensen • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2386951