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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ocean Shores at 1291 Channel Ave SW, Ocean Shores, WA, 98569 priced at $359,100 converts $2,527/mo rent into $368/mo cash flow after a $1,758/mo obligation. Total monthly income equals $2,527/mo, and annual cash flow totals $4,416/yr on $119,042 invested. Return on cash invested prints 23.62% in year one, and rental yield reads 8.44% against a $359,100 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,213 by year five. Five-year ROI reaches 122.49% and total cumulative return in cash sums $145,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,527/mo property income covering a $1,758/mo payment, not borrower’s personal income.
Single Family
Built in 1979
7,671 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
| 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 |
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listing removed | $2,100 |
| 2025-08-10 | Price change | $2,100 |
| 2025-07-30 | Price change | $1,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-25 | $2022.04 | -1.75% | $321,720 | 2.19% |
| 2022-10-25 | $2058.06 | 21.25% | $314,810 | 56.77% |
| 2021-10-25 | $1697.38 | -6.96% | $200,807 | 13.66% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
