261 Sailview Drive #1Pt TownsendWA98368
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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
Total monthly income runs $2,519/mo, and a $2,129/mo payment. Purchase price stands at $435,000, and rental yield measures 6.95% with $2,519/mo rent. Return on cash invested shows 19.11% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 98.35% and total cumulative return in cash records $141,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,519/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98368, Port Townsend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,645 (100%) |
| Owner Occupied HU | 6,530 (67.7%) |
| Renter Occupied HU | 2,204 (22.9%) |
| Vacant Housing Units | 911 ( 9.4%) |
| Median Home Value | $629,669 |
| Average Home Value | $704,278 |
Housing Distribution
Address Breakdown
Residential
8,413
Single Family
7,861
Multi-Family
552
Businesses
953
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Listed by: Michelle Sandoval • Windermere R.E. Port Townsend
Mls Name: NWMLS
Mls ID: #2402255