121 N Chinook Drive NHoodsportWA98548
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
Investment property for sale in Hoodsport at 121 N Chinook Drive N, Hoodsport, WA, 98548 with 5% annual appreciation on a $325,000 basis while $2,052/mo rent supports operations. Total monthly income totals $2,052/mo and a $1,591/mo payment preserves $98/mo for cash returns. Annual cash flow comes to $1,177/yr on $107,738 deployed, and return on cash invested reaches 21% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 7.58%. Five-year ROI measures 108.51% and total cumulative return in cash totals $116,905.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,052/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zachary A. Entwistle • Keller Williams Rty Tacoma
Mls Name: NWMLS
Mls ID: #2470630