113 E Lopez AvePort AngelesWA98362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Port Angeles at 113 E Lopez Ave, Port Angeles, WA, 98362 priced at $175,000 converts $1,348/mo rent into $296/mo cash flow after a $857/mo obligation. Total monthly income equals $1,348/mo, and annual cash flow totals $3,547/yr on $58,013 invested. Return on cash invested prints 26.02% in year one, and rental yield reads 9.24% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 135.44% and total cumulative return in cash sums $78,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,348/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1937
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Moreno • IDEAL Real Estate
Mls Name: Olympic Listing Service
Mls ID: #400007