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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% |
Rental property for sale in Ocean Shores at 1115 Ocean Shores Boulevard SW, Ocean Shores, WA, 98569 generates $3,468/mo in rent, after a $3,132/mo payment. Total monthly income is $3,468/mo. Return on cash invested sits at 17.9% in year one, and rental yield is 6.5% on a $639,900 entry. Equity gained on principal adds $4,129/yr, while 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 91.82% and total cumulative return in cash sums $193,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,468/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
10,193 sqft 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 | ||||
No similar rental properties found nearby.
Listed by: Mary Gordon • North Beach Realty OS LLC
Mls Name: NWMLS
Mls ID: #2429331
