31 Sellwood LanePacific BeachWA98571
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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 Pacific Beach at 31 Sellwood Lane, Pacific Beach, WA, 98571 offers $2,388/mo rent that, after a $4,283/mo payment. Total monthly income is $2,388/mo. Return on cash invested measures 8.09% in year one, and rental yield stands at 3.27% at a $875,000 entry. Equity gained on principal adds $5,646/yr while 5% annual appreciation compounds into $241,746 by year five. Five-year ROI records 39.18% and total cumulative return in cash reaches $112,787. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,388/mo property income versus a $4,283/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98571, Pacific Beach, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 179 (28.0%) |
| Renter Occupied HU | 51 ( 8.0%) |
| Vacant Housing Units | 410 (64.1%) |
| Median Home Value | $413,235 |
| Average Home Value | $372,933 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Listed by: Jeffrey M. Wilson • Windermere Seabrook
Mls Name: NWMLS
Mls ID: #2466371