1301 S 3rd Ave UNIT 14ASequimWA98382
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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 Sequim at 1301 S 3rd Ave UNIT 14A, Sequim, WA, 98382 listed at $344,000 pairs $2,772/mo rent with a $1,684/mo payment to leave $704/mo cash flow. Total monthly income runs $2,772/mo, and annual cash flow reaches $8,446/yr on $114,036 cash to close. Return on cash invested measures 27.32% in year one, and rental yield registers 9.67% at a $344,000 basis. Equity gained on principal adds $2,220/yr, and annual property appreciation at 5% supports $95,041 by year five. Five-year ROI tracks 142.31% and total cumulative return in cash totals $162,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,772/mo property income relative to a $1,684/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98382, Sequim, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,613 (100%) |
| Owner Occupied HU | 12,131 (73.0%) |
| Renter Occupied HU | 3,070 (18.5%) |
| Vacant Housing Units | 1,412 ( 8.5%) |
| Median Home Value | $595,126 |
| Average Home Value | $644,188 |
Housing Distribution
Address Breakdown
Residential
15,092
Single Family
14,325
Multi-Family
767
Businesses
1,174
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Listed by: Dennis Taylor • Torres Real Estate
Mls Name: Olympic Listing Service
Mls ID: #391766