321 N Wynoochee DriveHoodsportWA98548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hoodsport at 321 N Wynoochee Drive, Hoodsport, WA, 98548 priced at $365,000 converts $1,924/mo rent into after a $1,786/mo obligation. Total monthly income equals $1,924/mo. Return on cash invested prints 17.24% in year one, and rental yield reads 6.33% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 88.28% and total cumulative return in cash sums $106,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,924/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1984
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98548, Hoodsport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,326 (100%) |
| Owner Occupied HU | 1,064 (45.7%) |
| Renter Occupied HU | 172 ( 7.4%) |
| Vacant Housing Units | 1,090 (46.9%) |
| Median Home Value | $436,446 |
| Average Home Value | $457,939 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica L. Spaulding • Windermere PeninsulaProperties
Mls Name: NWMLS
Mls ID: #2413451