156 Sea Breeze Loop SE, Ocean Shores, WA, 98569 | $29/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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156 Sea Breeze Loop SE, Ocean Shores, WA, 98569 | $29/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ocean Shores at 156 Sea Breeze Loop SE, Ocean Shores, WA, 98569 priced at $530,000 converts $3,215/mo rent into $29/mo cash flow after a $2,594/mo obligation. Total monthly income equals $3,215/mo, and annual cash flow totals $350/yr on $174,370 invested. Return on cash invested prints 20.26% in year one, and rental yield reads 7.28% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 104.49% and total cumulative return in cash sums $182,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,215/mo property income covering a $2,594/mo payment, not borrower’s personal income.

Single Family

Built in 1979

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Waterfront property on Lake Minard! Fully fenced lot with dock and 90 ft of water front. Main floor boasts open concept great room, chef's kitchen, laundry, full bath and 2 bdrms. Upstairs features primary bedroom with own 3/4 bath along with a guest bedroom with gas insert fireplace, den and 3/4 bath. Walkin closets. Great room is piped for a gas fireplace. Home hardwired for alarm system. Backyard has a large fenced dog run. 2 car garage. Plenty of parking including RV. Propane gas tank will be needed. Located near Oyhut Bay shops/restaurants and Damon Point State Park. Ocean Beach access is only a short drive. Property is part of the Ocean Shores Communittee Club. Dues $195/yr. This property may qualify for Seller Financing (Vendee).

Neighborhood Data

Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.

Housing Distribution

Housing Statistics

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