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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 1488 Ocean Shores Blvd SW, Ocean Shores, WA, 98569 priced at $399,900 converts $2,525/mo rent into $121/mo cash flow after a $1,957/mo obligation. Total monthly income equals $2,525/mo, and annual cash flow totals $1,457/yr on $132,567 invested. Return on cash invested prints 21.01% in year one, and rental yield reads 7.58% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 108.51% and total cumulative return in cash sums $143,852. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,525/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 2014
8,193 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Brittany Mondor • Premier Realty Grays Harbor
Mls Name: NWMLS
Mls ID: #2405558
