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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ocean Shores at 292 Calawah Street SW, Ocean Shores, WA, 98569 offers $2,104/mo rent that, after a $1,468/mo payment, leaves $301/mo cash flow. Total monthly income is $2,104/mo, and annual cash flow is $3,612/yr on $99,450 cash. Return on cash invested measures 23.54% in year one, and rental yield stands at 8.42% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 122.08% and total cumulative return in cash reaches $121,404. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,104/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,041 (100%) |
| Owner Occupied HU | 3,028 (50.1%) |
| Renter Occupied HU | 751 (12.4%) |
| Vacant Housing Units | 2,262 (37.4%) |
| Median Home Value | $437,696 |
| Average Home Value | $590,386 |
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Eric Butler • North Beach Realty OS LLC
Mls Name: NWMLS
Mls ID: #2442522
