4 Drake LanePacific BeachWA98571
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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 Pacific Beach at 4 Drake Lane, Pacific Beach, WA, 98571 earns from $3,241/mo rent with a $3,035/mo payment. Total monthly income totals $3,241/mo. ROI tracks 17.2% on current figures, and rental yield reads 6.27% at a $620,000 purchase. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 over five years. Five-year ROI reaches 88.04% and total cumulative return in cash sums $179,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,241/mo property income instead of your personal income.
Single Family
Built in 2022
3,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98571, Pacific Beach, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 640 (100%) |
| Owner Occupied HU | 179 (28.0%) |
| Renter Occupied HU | 51 ( 8.0%) |
| Vacant Housing Units | 410 (64.1%) |
| Median Home Value | $413,235 |
| Average Home Value | $372,933 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Listed by: Lindsay Wonderly • Redfin
Mls Name: NWMLS
Mls ID: #2430983