240 N Duckabush Drive EHoodsportWA98548
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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 Hoodsport at 240 N Duckabush Drive E, Hoodsport, WA, 98548 priced at $375,000 pairs $2,750/mo rent with $496/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,750/mo, and annual cash flow comes to $5,955/yr on $124,313 invested. Return on cash invested is 24.7% in year one, and rental yield stands at 8.8% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 128.32% and total cumulative return in cash reaches $159,519. For financing, Ziffy Mortgage’s DSCR program evaluates $2,750/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.29 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: Lisa Calkins • M4 Real Estate Group
Mls Name: NWMLS
Mls ID: #2401399