31 2nd StreetPt HadlockWA98339
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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
Rental property for sale in Pt Hadlock at 31 2nd Street, Pt Hadlock, WA, 98339 generates $2,993/mo in rent, after a $2,812/mo payment. Total monthly income is $2,993/mo. Return on cash invested sits at 17.14% in year one, and rental yield is 6.25% on a $574,555 entry. Equity gained on principal adds $3,708/yr, while 5% annual appreciation builds toward $158,739 over five years. Five-year ROI reaches 87.72% and total cumulative return in cash sums $165,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,993/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98339, Port Hadlock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,011 (100%) |
| Owner Occupied HU | 1,294 (64.3%) |
| Renter Occupied HU | 541 (26.9%) |
| Vacant Housing Units | 176 ( 8.8%) |
| Median Home Value | $468,927 |
| Average Home Value | $576,258 |
Housing Distribution
Address Breakdown
Residential
1,433
Single Family
1,433
Multi-Family
0
Businesses
212
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Listed by: Pamela Begley • Coldwell Banker Best Homes
Mls Name: NWMLS
Mls ID: #2422413