297 Marine View Drive SW #AOcean ShoresWA98569
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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 Shores at 297 Marine View Drive SW #A, Ocean Shores, WA, 98569 at $189,900 posts ROI 25.86% with $312/mo cash flow from $1,453/mo rent. Total monthly income equals $1,453/mo, and annual cash flow records $3,743/yr on $62,952 to close. Return on cash invested measures 25.86% and rental yield reads 9.18% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 134.47% and total cumulative return in cash totals $84,653.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,453/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: Nancy Green • Kelly Right RE of Seattle LLC
Mls Name: NWMLS
Mls ID: #2477230