165 N Narwhal Loop NWOcean ShoresWA98569
Nearby investment properties with comparable rents
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
Investment property for sale in Ocean Shores at 165 N Narwhal Loop NW, Ocean Shores, WA, 98569 listed at $369,500 pairs $2,054/mo rent with a $1,809/mo payment. Total monthly income runs $2,054/mo. Return on cash invested measures 18.27% in year one, and rental yield registers 6.67% at a $369,500 basis. Equity gained on principal adds $2,384/yr, and annual property appreciation at 5% supports $102,086 by year five. Five-year ROI tracks 93.82% and total cumulative return in cash totals $114,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,054/mo property income relative to a $1,809/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
7,701 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: Julie Dessert • Windermere R.E. Ocean Shores
Mls Name: NWMLS
Mls Provider:
Mls ID: #2365285
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)