2402 S Peabody StPort 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
Investment property for sale in Port Angeles at 2402 S Peabody St, Port Angeles, WA, 98362 uses $115,694 cash to close to unlock $5,955/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $2,594/mo, and a $1,708/mo payment keeps the spread at $496/mo. Purchase price stands at $349,000, and rental yield measures 8.92% with $2,594/mo rent. Return on cash invested shows 25.06% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 130.24% and total cumulative return in cash records $150,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,594/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,000 sqft 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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