1307 Ocean Shores Boulevard SW #N11Ocean ShoresWA98569
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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 Ocean Shores at 1307 Ocean Shores Boulevard SW #N11, Ocean Shores, WA, 98569 earns $614/mo cash flow from $1,696/mo rent with a $881/mo payment. Total monthly income totals $1,696/mo, and annual cash flow totals $7,368/yr on $59,670 capital. ROI tracks 32.26% on current figures, and rental yield reads 11.31% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 168.8% and total cumulative return in cash sums $100,721. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,696/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No 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: April C. Swenson • Coldwell Banker Ocean Shores
Mls Name: NWMLS
Mls ID: #2467142