220 N Duckabush Drive NHoodsportWA98548
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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 220 N Duckabush Drive N, Hoodsport, WA, 98548 listed at $199,900 pairs $1,533/mo rent with a $978/mo payment to leave $332/mo cash flow. Total monthly income runs $1,533/mo, and annual cash flow reaches $3,981/yr on $66,267 cash to close. Return on cash invested measures 25.92% in year one, and rental yield registers 9.2% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 134.84% and total cumulative return in cash totals $89,353. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,533/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
0.46 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: Art Remsbecker • Lake Cushman Realty
Mls Name: NWMLS
Mls ID: #2458633