132 Victoria Loop NEOcean ShoresWA98569
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 Ocean Shores at 132 Victoria Loop NE, Ocean Shores, WA, 98569 with 5% annual appreciation on a $220,000 basis while $1,544/mo rent supports operations. Total monthly income totals $1,544/mo and a $1,077/mo payment preserves $221/mo for cash returns. Annual cash flow comes to $2,656/yr on $72,930 deployed, and return on cash invested reaches 23.55% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 8.42%. Five-year ROI measures 122.19% and total cumulative return in cash totals $89,111.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,544/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
3,432 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Wendlandt • Hidden Coast Homes
Mls Name: NWMLS
Mls ID: #2426495