210 W Emerson AveHoquiamWA98550
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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 Hoquiam at 210 W Emerson Ave, Hoquiam, WA, 98550 offers $2,274/mo rent that, after a $1,143/mo payment, leaves $870/mo cash flow. Total monthly income is $2,274/mo, and annual cash flow is $10,443/yr on $77,405 cash. Return on cash invested measures 33.4% in year one, and rental yield stands at 11.69% at a $233,500 entry. Equity gained on principal adds $1,507/yr while 5% annual appreciation compounds into $64,512 by year five. Five-year ROI records 175% and total cumulative return in cash reaches $135,458. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,274/mo property income versus a $1,143/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98550, Hoquiam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 3,018 (57.0%) |
| Renter Occupied HU | 1,734 (32.8%) |
| Vacant Housing Units | 541 (10.2%) |
| Median Home Value | $262,970 |
| Average Home Value | $317,287 |
Housing Distribution
Address Breakdown
Residential
4,674
Single Family
4,327
Multi-Family
347
Businesses
346
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Listed by: Mark Hulen • Better Properties Real Estate
Mls Name: NWMLS
Mls ID: #2419461