2220 E Fourth AvenuePort AngelesWA98362
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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 Port Angeles at 2220 E Fourth Avenue, Port Angeles, WA, 98362 priced at $220,000 pairs $2,212/mo rent with $889/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,212/mo, and annual cash flow comes to $10,672/yr on $72,930 invested. Return on cash invested is 34.54% in year one, and rental yield stands at 12.07% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 181.11% and total cumulative return in cash reaches $132,083. For financing, Ziffy Mortgage’s DSCR program evaluates $2,212/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.40 Acres 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
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Listed by: Jennifer Felton • Windermere R.E. Port Angeles
Mls Name: NWMLS
Mls Provider:
Mls ID: #2371643
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 23:14:15 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)