13208 Pacific WayLong BeachWA98631
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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 Long Beach at 13208 Pacific Way, Long Beach, WA, 98631 offers a 8.55% rental yield on a $399,000 purchase with $2,843/mo rent. Total monthly income registers $2,843/mo, and a $1,953/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,333/yr on $132,269 to close, and return on cash invested stands at 23.94% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 124.24% and total cumulative return in cash at $164,330. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,843/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98631, Long Beach, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,377 (43.8%) |
| Renter Occupied HU | 578 (18.4%) |
| Vacant Housing Units | 1,186 (37.8%) |
| Median Home Value | $378,245 |
| Average Home Value | $478,488 |
Housing Distribution
Address Breakdown
Residential
1,524
Single Family
1,407
Multi-Family
117
Businesses
201
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Listed by: Michael Baer • RE/MAX Excellence
Mls Name: NWMLS
Mls ID: #2418098