16 Koala LanePacific BeachWA98571
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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
Investment Highlights
Rental property for sale in Pacific Beach at 16 Koala Lane, Pacific Beach, WA, 98571 priced at $1,140,000 converts $3,511/mo rent into after a $5,580/mo obligation. Total monthly income equals $3,511/mo. Return on cash invested prints 9.51% in year one, and rental yield reads 3.7% against a $1,140,000 entry. Equity gained on principal adds $7,356/yr, while 5% annual appreciation compiles into $314,961 by year five. Five-year ROI reaches 46.75% and total cumulative return in cash sums $172,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,511/mo property income covering a $5,580/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98571, Pacific Beach, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 179 (28.0%) |
| Renter Occupied HU | 51 ( 8.0%) |
| Vacant Housing Units | 410 (64.1%) |
| Median Home Value | $413,235 |
| Average Home Value | $372,933 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Listed by: Darci A Keefer • Blue Pearl Properties
Mls Name: NWMLS
Mls ID: #2335141