356 N Butter Clam Street SWOcean ShoresWA98569
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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
Investment property for sale in Ocean Shores at 356 N Butter Clam Street SW, Ocean Shores, WA, 98569 at $484,900 posts ROI 18.66% with from $2,747/mo rent. Total monthly income equals $2,747/mo. Return on cash invested measures 18.66% and rental yield reads 6.8% at the current $484,900. Equity gained on principal adds $3,129/yr, and 5% annual appreciation supports $133,969 by year five. Five-year ROI prints 95.91% and total cumulative return in cash totals $154,171. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,747/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,041 (100%) |
| Owner Occupied HU | 3,028 (50.1%) |
| Renter Occupied HU | 751 (12.4%) |
| Vacant Housing Units | 2,262 (37.4%) |
| Median Home Value | $437,696 |
| Average Home Value | $590,386 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: Cindy Thuirer • North Beach Realty OS LLC
Mls Name: NWMLS
Mls ID: #2422388