315 S Wolcott StPort AngelesWA98362
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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 Port Angeles at 315 S Wolcott St, Port Angeles, WA, 98362 offers $1,746/mo rent that, after a $1,072/mo payment, leaves $429/mo cash flow. Total monthly income is $1,746/mo, and annual cash flow is $5,153/yr on $72,599 cash. Return on cash invested measures 27.01% in year one, and rental yield stands at 9.57% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 140.71% and total cumulative return in cash reaches $102,153. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,746/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98362, Port Angeles, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,827 (100%) |
| Owner Occupied HU | 7,777 (65.8%) |
| Renter Occupied HU | 3,219 (27.2%) |
| Vacant Housing Units | 831 ( 7.0%) |
| Median Home Value | $514,436 |
| Average Home Value | $587,374 |
Housing Distribution
Address Breakdown
Residential
10,887
Single Family
9,999
Multi-Family
888
Businesses
1,355
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Listed by: Mark McHugh • Mark N. McHugh Real Estate
Mls Name: Olympic Listing Service
Mls ID: #391245