361 OregonWestportWA98595
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 Westport at 361 Oregon, Westport, WA, 98595 priced at $427,900 converts $2,486/mo rent into after a $2,094/mo obligation. Total monthly income equals $2,486/mo. Return on cash invested prints 19.18% in year one, and rental yield reads 6.97% against a $427,900 entry. Equity gained on principal adds $2,761/yr, while 5% annual appreciation compiles into $118,221 by year five. Five-year ROI reaches 98.74% and total cumulative return in cash sums $140,055. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,486/mo property income covering a $2,094/mo payment, not borrower’s personal income.
Single Family
Built in 1975
7,209 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98595, Westport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 944 (45.8%) |
| Renter Occupied HU | 504 (24.5%) |
| Vacant Housing Units | 612 (29.7%) |
| Median Home Value | $357,736 |
| Average Home Value | $376,144 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
377
Multi-Family
0
Businesses
127
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Nearby investment properties with comparable prices
Listed by: Sandra Shea • Washington Coast Real Estate
Mls Name: NWMLS
Mls ID: #2451947