124 Victoria Loop NEOcean ShoresWA98569
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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 Ocean Shores at 124 Victoria Loop NE, Ocean Shores, WA, 98569 priced at $125,000 pairs $1,129/mo rent with $369/mo cash flow after a $612/mo payment. Total monthly income equals $1,129/mo, and annual cash flow comes to $4,429/yr on $41,438 invested. Return on cash invested is 30.6% in year one, and rental yield stands at 10.84% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 160.16% and total cumulative return in cash reaches $66,365. For financing, Ziffy Mortgage’s DSCR program evaluates $1,129/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
3,750 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: Lacey Bishop • Riley Jackson Real Estate Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2395106
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-01 21:24:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)