2824 Aberdeen AvenueHoquiamWA98550
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
Rental property for sale in Hoquiam at 2824 Aberdeen Avenue, Hoquiam, WA, 98550 generates $2,368/mo in rent and, after a $1,855/mo payment, leaves $90/mo in cash flow. Total monthly income is $2,368/mo, and annual cash flow is $1,077/yr on $125,639 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 7.5% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash sums $134,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
6,159 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98550, Hoquiam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 3,018 (57.0%) |
| Renter Occupied HU | 1,734 (32.8%) |
| Vacant Housing Units | 541 (10.2%) |
| Median Home Value | $262,970 |
| Average Home Value | $317,287 |
Housing Distribution
Address Breakdown
Residential
4,674
Single Family
4,327
Multi-Family
347
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Lawrence • North Beach Realty OS LLC
Mls Name: NWMLS
Mls ID: #2389418