27404 U StOcean ParkWA98640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $1,607/mo, and a $1,346/mo payment. Purchase price stands at $274,900, and rental yield measures 7.01% with $1,607/mo rent. Return on cash invested shows 19.32% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 99.48% and total cumulative return in cash records $90,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,607/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Soule • Lighthouse Realty
Mls Name: NWMLS
Mls ID: #2436405