171 N Kokanee Cove WayHoodsportWA98548
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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
Investment property for sale in Hoodsport at 171 N Kokanee Cove Way, Hoodsport, WA, 98548 uses $62,968 cash to close to unlock $3,695/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $930/mo payment keeps the spread at $308/mo. Purchase price stands at $189,950, and rental yield measures 9.16% with $1,450/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $52,480 over five years. Five-year ROI reaches 134.08% and total cumulative return in cash records $84,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98548, Hoodsport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,326 (100%) |
| Owner Occupied HU | 1,064 (45.7%) |
| Renter Occupied HU | 172 ( 7.4%) |
| Vacant Housing Units | 1,090 (46.9%) |
| Median Home Value | $436,446 |
| Average Home Value | $457,939 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
61
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Listed by: Matthew Clark • M4 Real Estate Group
Mls Name: NWMLS
Mls ID: #2437946