251 N Mt. Washington DriveHoodsportWA98548
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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 Hoodsport at 251 N Mt. Washington Drive, Hoodsport, WA, 98548 offers a 9.21% rental yield on a $279,900 purchase with $2,148/mo rent. Total monthly income registers $2,148/mo, and a $1,370/mo payment leaves $465/mo available for distribution. Annual cash flow reaches $5,585/yr on $92,787 to close, and return on cash invested stands at 25.93% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 134.92% and total cumulative return in cash at $125,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,148/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
10,454 sqft 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: Cheryl McDermott • Mountain View Realty Group
Mls Name: NWMLS
Mls ID: #2463210