26212 V laneOcean ParkWA98640
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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 Park at 26212 V lane, Ocean Park, WA, 98640 uses $109,395 cash to close to unlock $3,726/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $1,615/mo payment keeps the spread at $311/mo. Purchase price stands at $330,000, and rental yield measures 8.34% with $2,294/mo rent. Return on cash invested shows 23.31% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 120.87% and total cumulative return in cash records $132,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1968
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98640, Ocean Park, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,535 (100%) |
| Owner Occupied HU | 2,393 (43.2%) |
| Renter Occupied HU | 399 ( 7.2%) |
| Vacant Housing Units | 2,743 (49.6%) |
| Median Home Value | $406,143 |
| Average Home Value | $484,592 |
Housing Distribution
Address Breakdown
Residential
2,154
Single Family
2,112
Multi-Family
42
Businesses
114
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Listed by: Michele Gutierrez • Realty One Group Pacifica
Mls Name: NWMLS
Mls ID: #2441662