1117 E Second StreetPort AngelesWA98362
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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 1117 E Second Street, Port Angeles, WA, 98362 earns from $2,558/mo rent with a $2,104/mo payment. Total monthly income totals $2,558/mo. ROI tracks 19.69% on current figures, and rental yield reads 7.14% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 101.42% and total cumulative return in cash sums $144,535. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,558/mo property income instead of your personal income.
Single Family
Built in 1949
7,030 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98362, Port Angeles, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,827 (100%) |
| Owner Occupied HU | 7,777 (65.8%) |
| Renter Occupied HU | 3,219 (27.2%) |
| Vacant Housing Units | 831 ( 7.0%) |
| Median Home Value | $514,436 |
| Average Home Value | $587,374 |
Housing Distribution
Address Breakdown
Residential
10,887
Single Family
9,999
Multi-Family
888
Businesses
1,355
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Listed by: Mark DeRousie • RE/MAX Evergreen
Mls Name: NWMLS
Mls ID: #2466902