2399 Highland LoopPort TownsendWA98368
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
Rental property for sale in Port Townsend at 2399 Highland Loop, Port Townsend, WA, 98368 generates $2,392/mo in rent, after a $2,594/mo payment. Total monthly income is $2,392/mo. Return on cash invested sits at 14.6% in year one, and rental yield is 5.42% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 74.11% and total cumulative return in cash sums $129,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,392/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98368, Port Townsend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,645 (100%) |
| Owner Occupied HU | 6,530 (67.7%) |
| Renter Occupied HU | 2,204 (22.9%) |
| Vacant Housing Units | 911 ( 9.4%) |
| Median Home Value | $629,669 |
| Average Home Value | $704,278 |
Housing Distribution
Address Breakdown
Residential
8,413
Single Family
7,861
Multi-Family
552
Businesses
953
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robyn Garing • Windermere R.E. Port Townsend
Mls Name: NWMLS
Mls ID: #2465330