2595 State Route 109Ocean CityWA98569
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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 Ocean City at 2595 State Route 109, Ocean City, WA, 98569 listed at $390,000 pairs $2,484/mo rent with a $1,909/mo payment to leave $140/mo cash flow. Total monthly income runs $2,484/mo, and annual cash flow reaches $1,674/yr on $129,285 cash to close. Return on cash invested measures 21.2% in year one, and rental yield registers 7.64% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 109.56% and total cumulative return in cash totals $141,644. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,484/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,041 (100%) |
| Owner Occupied HU | 3,028 (50.1%) |
| Renter Occupied HU | 751 (12.4%) |
| Vacant Housing Units | 2,262 (37.4%) |
| Median Home Value | $437,696 |
| Average Home Value | $590,386 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: Ashley Larson • Northfork Realty
Mls Name: NWMLS
Mls ID: #2457812