2611 Sea Crest Avenue NLong BeachWA98631
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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
Rental property for sale in Long Beach at 2611 Sea Crest Avenue N, Long Beach, WA, 98631 generates $3,764/mo in rent, after a $3,128/mo payment. Total monthly income is $3,764/mo. Return on cash invested sits at 19.62% in year one, and rental yield is 7.07% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 101.02% and total cumulative return in cash sums $212,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,764/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
6,176 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98631, Long Beach, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,377 (43.8%) |
| Renter Occupied HU | 578 (18.4%) |
| Vacant Housing Units | 1,186 (37.8%) |
| Median Home Value | $378,245 |
| Average Home Value | $478,488 |
Housing Distribution
Address Breakdown
Residential
1,524
Single Family
1,407
Multi-Family
117
Businesses
201
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Listed by: Jamye A. Lucier • Century 21 Pacific Realty
Mls Name: NWMLS
Mls ID: #2423776