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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% |
Investment property for sale in Ocean Shores at 1438 Ocean Crest Avenue SW, Ocean Shores, WA, 98569 earns $4/mo cash flow from $2,738/mo rent with a $2,226/mo payment. Total monthly income totals $2,738/mo, and annual cash flow totals $50/yr on $150,750 capital. ROI tracks 19.94% on current figures, and rental yield reads 7.23% at a $454,750 purchase. Equity gained on principal adds $2,934/yr, and 5% annual appreciation supports $125,639 over five years. Five-year ROI reaches 102.81% and total cumulative return in cash sums $154,989. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,738/mo property income instead of your personal income.
Single Family
Built in 2019
8,028 sqft 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 |
|---|---|---|
| 2025-08-06 | Sold | $454,750 |
| 2025-07-07 | Pending sale | $454,750 |
| 2025-06-27 | Price change | $454,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2627.38 | 3.22% | $418,035 | 7.36% |
| 2022-10-14 | $2545.42 | -1.19% | $389,361 | 27.76% |
| 2021-10-14 | $2575.96 | 28.63% | $304,749 | 57.14% |
Listed by: Kevin Spivey • Spivey Realty Group, LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2381246
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)
