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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ocean Shores at 1335 Ocean Shores Boulevard SW #S14, Ocean Shores, WA, 98569 generates $1,009/mo in rent and, after a $631/mo payment, leaves $234/mo in cash flow. Total monthly income is $1,009/mo, and annual cash flow is $2,807/yr on $42,764 invested. Return on cash invested sits at 26.47% in year one, and rental yield is 9.39% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 137.81% and total cumulative return in cash sums $58,933. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,009/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
| 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 |
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Listed by: Rick LaShance • Windermere R.E. Ocean Shores
Mls Name: NWMLS
Mls ID: #2452884
