1309 Marion StreetHoquiamWA98550
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 Hoquiam at 1309 Marion Street, Hoquiam, WA, 98550 earns $81/mo cash flow from $1,733/mo rent with a $1,346/mo payment. Total monthly income totals $1,733/mo, and annual cash flow totals $972/yr on $91,129 capital. ROI tracks 20.98% on current figures, and rental yield reads 7.56% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 108.38% and total cumulative return in cash sums $98,763. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,733/mo property income instead of your personal income.
Single Family
Built in 1964
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98550, Hoquiam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 3,018 (57.0%) |
| Renter Occupied HU | 1,734 (32.8%) |
| Vacant Housing Units | 541 (10.2%) |
| Median Home Value | $262,970 |
| Average Home Value | $317,287 |
Housing Distribution
Address Breakdown
Residential
4,674
Single Family
4,327
Multi-Family
347
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rikki Roberts • Olympic Realty 2000, Inc
Mls Name: NWMLS
Mls ID: #2430127