301 Sunset DriveHoquiamWA98550
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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 Hoquiam at 301 Sunset Drive, Hoquiam, WA, 98550 earns $493/mo cash flow from $3,048/mo rent with a $2,080/mo payment. Total monthly income totals $3,048/mo, and annual cash flow totals $5,921/yr on $140,888 capital. ROI tracks 24.11% on current figures, and rental yield reads 8.61% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 125.16% and total cumulative return in cash sums $176,333. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,048/mo property income instead of your personal income.
Single Family
Built in 1912
9,278 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
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Listed by: Lorna Murray • RE/MAX Equity Group
Mls Name: NWMLS
Mls ID: #2464866