216 E 10TH StreetPort AngelesWA98362
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 Port Angeles at 216 E 10TH Street, Port Angeles, WA, 98362 listed at $309,850 pairs $2,814/mo rent with a $1,517/mo payment to leave $951/mo cash flow. Total monthly income runs $2,814/mo, and annual cash flow reaches $11,412/yr on $102,715 cash to close. Return on cash invested measures 31.02% in year one, and rental yield registers 10.9% at a $309,850 basis. Equity gained on principal adds $1,999/yr, and annual property appreciation at 5% supports $85,606 by year five. Five-year ROI tracks 162.22% and total cumulative return in cash totals $166,628. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,814/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98362, Port Angeles, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,827 (100%) |
| Owner Occupied HU | 7,777 (65.8%) |
| Renter Occupied HU | 3,219 (27.2%) |
| Vacant Housing Units | 831 ( 7.0%) |
| Median Home Value | $514,436 |
| Average Home Value | $587,374 |
Housing Distribution
Address Breakdown
Residential
10,887
Single Family
9,999
Multi-Family
888
Businesses
1,355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke E. Nelson • P A Realty
Mls Name: NWMLS
Mls ID: #2448348