371 Mountain View DrSequimWA98382
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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 Sequim at 371 Mountain View Dr, Sequim, WA, 98382 at $179,000 posts ROI 24.46% with $225/mo cash flow from $1,301/mo rent. Total monthly income equals $1,301/mo, and annual cash flow records $2,701/yr on $59,339 to close. Return on cash invested measures 24.46% and rental yield reads 8.72% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 127.11% and total cumulative return in cash totals $75,423.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,301/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1965
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98382, Sequim, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,613 (100%) |
| Owner Occupied HU | 12,131 (73.0%) |
| Renter Occupied HU | 3,070 (18.5%) |
| Vacant Housing Units | 1,412 ( 8.5%) |
| Median Home Value | $595,126 |
| Average Home Value | $644,188 |
Housing Distribution
Address Breakdown
Residential
15,092
Single Family
14,325
Multi-Family
767
Businesses
1,174
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Listed by: Holly Locke • RE/MAX Evergreen
Mls Name: Olympic Listing Service
Mls ID: #390415
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.