123 7th Street SWLong BeachWA98631
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 Long Beach at 123 7th Street SW, Long Beach, WA, 98631 earns from $2,316/mo rent with a $2,251/mo payment. Total monthly income totals $2,316/mo. ROI tracks 16.38% on current figures, and rental yield reads 6.04% at a $459,900 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 over five years. Five-year ROI reaches 83.69% and total cumulative return in cash sums $127,590. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,316/mo property income instead of your personal income.
Single Family
Built in 2025
2,761 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98631, Long Beach, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,377 (43.8%) |
| Renter Occupied HU | 578 (18.4%) |
| Vacant Housing Units | 1,186 (37.8%) |
| Median Home Value | $378,245 |
| Average Home Value | $478,488 |
Housing Distribution
Address Breakdown
Residential
1,524
Single Family
1,407
Multi-Family
117
Businesses
201
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Listed by: Leslie Brophy • Century 21 Pacific Realty
Mls Name: NWMLS
Mls ID: #2440994