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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 1599 E Ocean Shores Boulevard #3, Ocean Shores, WA, 98569 uses $140,888 cash to close to unlock $2,441/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $2,758/mo, and a $2,080/mo payment keeps the spread at $203/mo. Purchase price stands at $425,000, and rental yield measures 7.79% with $2,758/mo rent. Return on cash invested shows 21.64% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 111.91% and total cumulative return in cash records $157,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,758/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A 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 | ||||
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Listed by: Brent Tornquist • Windermere Prof Partners
Mls Name: NWMLS
Mls ID: #2445966
