409 N 11th StreetHoquiamWA98541
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 Hoquiam at 409 N 11th Street, Hoquiam, WA, 98541 generates $2,593/mo in rent and, after a $1,933/mo payment, leaves $219/mo in cash flow. Total monthly income is $2,593/mo, and annual cash flow is $2,627/yr on $130,943 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 7.88% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 113.37% and total cumulative return in cash sums $148,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,593/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
9,530 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Martin R. Clark • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2461607