1411 Ager Drive #301Long BeachWA98631
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 Long Beach at 1411 Ager Drive #301, Long Beach, WA, 98631 listed at $279,301 pairs $2,016/mo rent with a $1,367/mo payment to leave $337/mo cash flow. Total monthly income runs $2,016/mo, and annual cash flow reaches $4,045/yr on $92,588 cash to close. Return on cash invested measures 24.28% in year one, and rental yield registers 8.66% at a $279,301 basis. Equity gained on principal adds $1,802/yr, and annual property appreciation at 5% supports $77,166 by year five. Five-year ROI tracks 126.09% and total cumulative return in cash totals $116,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,016/mo property income relative to a $1,367/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
3,354 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Weston Roberts • Century 21 Pacific Realty
Mls Name: NWMLS
Mls ID: #2408586