221 Parkwood BoulevardSequimWA98382
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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 Sequim at 221 Parkwood Boulevard, Sequim, WA, 98382 priced at $237,000 pairs $1,641/mo rent with $216/mo cash flow after a $1,160/mo payment. Total monthly income equals $1,641/mo, and annual cash flow comes to $2,596/yr on $78,566 invested. Return on cash invested is 23.21% in year one, and rental yield stands at 8.31% on a $237,000 basis. Equity gained on principal adds $1,529/yr, and 5% annual appreciation accumulates to $65,479 by year five. Five-year ROI measures 120.35% and total cumulative return in cash reaches $94,556. For financing, Ziffy Mortgage’s DSCR program evaluates $1,641/mo property income against a $1,160/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98382, Sequim, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,613 (100%) |
| Owner Occupied HU | 12,131 (73.0%) |
| Renter Occupied HU | 3,070 (18.5%) |
| Vacant Housing Units | 1,412 ( 8.5%) |
| Median Home Value | $595,126 |
| Average Home Value | $644,188 |
Housing Distribution
Address Breakdown
Residential
15,092
Single Family
14,325
Multi-Family
767
Businesses
1,174
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Listed by: Kaylene M. Byrne • BrokersGroup R.E.Professionals
Mls Name: NWMLS
Mls ID: #2436862