







No similar rental properties found nearby.

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 1479 Diamond Head Avenue SW, Ocean Shores, WA, 98569 at $470,000 posts ROI 12.57% with from $1,886/mo rent. Total monthly income equals $1,886/mo. Return on cash invested measures 12.57% and rental yield reads 4.82% at the current $470,000. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 by year five. Five-year ROI prints 63.27% and total cumulative return in cash totals $98,577. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,886/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
7,313 sqft lot
$N/A/sqft
$175 annually 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $470,000 |
| 2021-05-14 | Sold | $55,000 |
| 2009-10-04 | Listing removed | $49,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $216.20 | -33.86% | $34,400 | -31.20% |
| 2022-04-03 | $326.88 | 61.14% | $50,000 | 108.33% |
| 2021-04-03 | $202.86 | 30.98% | $24,000 | 60.00% |
No similar rental properties found nearby.



Listed by: James A. Fisher • Windermere Prof Partners
Mls Name: NWMLS
Mls Provider:
Mls ID: #2353401
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)