241 N Lake View DrHoodsportWA98548
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 Hoodsport at 241 N Lake View Dr, Hoodsport, WA, 98548 offers $1,936/mo rent that, after a $1,733/mo payment. Total monthly income is $1,936/mo. Return on cash invested measures 17.94% in year one, and rental yield stands at 6.56% at a $354,100 entry. Equity gained on principal adds $2,285/yr while 5% annual appreciation compounds into $97,831 by year five. Five-year ROI records 92.07% and total cumulative return in cash reaches $108,077. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,936/mo property income versus a $1,733/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
0.48 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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