152 Karr AvenueHoquiamWA98550
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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
Rental property for sale in Hoquiam at 152 Karr Avenue, Hoquiam, WA, 98550 priced at $181,300 pairs $1,372/mo rent with $283/mo cash flow after a $887/mo payment. Total monthly income equals $1,372/mo, and annual cash flow comes to $3,391/yr on $60,101 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 9.08% on a $181,300 basis. Equity gained on principal adds $1,170/yr, and 5% annual appreciation accumulates to $50,090 by year five. Five-year ROI measures 132.88% and total cumulative return in cash reaches $79,865. For financing, Ziffy Mortgage’s DSCR program evaluates $1,372/mo property income against a $887/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1911
5,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98550, Hoquiam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 3,018 (57.0%) |
| Renter Occupied HU | 1,734 (32.8%) |
| Vacant Housing Units | 541 (10.2%) |
| Median Home Value | $262,970 |
| Average Home Value | $317,287 |
Housing Distribution
Address Breakdown
Residential
4,674
Single Family
4,327
Multi-Family
347
Businesses
346
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Listed by: Cari L Franklin • John L. Scott Federal Way
Mls Name: NWMLS
Mls ID: #2448249