3406 S Mill Creek CourtPort 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 3406 S Mill Creek Court, Port Angeles, WA, 98362 generates $2,056/mo in rent and, after a $1,468/mo payment, leaves $253/mo in cash flow. Total monthly income is $2,056/mo, and annual cash flow is $3,037/yr on $99,433 invested. Return on cash invested sits at 22.96% in year one, and rental yield is 8.23% on a $299,950 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,871 over five years. Five-year ROI reaches 119.03% and total cumulative return in cash sums $118,352. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,056/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
0.52 Acres 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: Mae Graves • eXp Realty
Mls Name: NWMLS
Mls ID: #2409812