172 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 172 N Narwhal Loop NW, Ocean Shores, WA, 98569 at $319,900 posts ROI 20.29% with $34/mo cash flow from $1,957/mo rent. Total monthly income equals $1,957/mo, and annual cash flow records $405/yr on $106,047 to close. Return on cash invested measures 20.29% and rental yield reads 7.34% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 104.66% and total cumulative return in cash totals $110,984.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,957/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
7,927 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Addie Wenger • Windermere R.E. Ocean Shores
Mls Name: NWMLS
Mls ID: #2391392