29813 L LnOcean 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 29813 L Ln, Ocean Park, WA, 98640 earns from $2,951/mo rent with a $3,288/mo payment. Total monthly income totals $2,951/mo. ROI tracks 14.16% on current figures, and rental yield reads 5.27% at a $671,800 purchase. Equity gained on principal adds $4,335/yr, and 5% annual appreciation supports $185,606 over five years. Five-year ROI reaches 71.72% and total cumulative return in cash sums $158,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,951/mo property income instead of your personal income.
Single Family
Built in 2022
10,018 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: N/A • N/A
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