2307 Aberdeen AveHoquiamWA98550
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 Hoquiam at 2307 Aberdeen Ave, Hoquiam, WA, 98550 uses $82,544 cash to close to unlock $4,691/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,888/mo, and a $1,219/mo payment keeps the spread at $391/mo. Purchase price stands at $249,000, and rental yield measures 9.1% with $1,888/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 133.07% and total cumulative return in cash records $109,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,888/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1921
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Castro • eXp Realty
Mls Name: NWMLS
Mls ID: #2416406