421 Lofgrin RdSequimWA98382
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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
Rental property for sale in Sequim at 421 Lofgrin Rd, Sequim, WA, 98382 priced at $510,000 converts $3,127/mo rent into $62/mo cash flow after a $2,496/mo obligation. Total monthly income equals $3,127/mo, and annual cash flow totals $738/yr on $167,790 invested. Return on cash invested prints 20.5% in year one, and rental yield reads 7.36% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 105.75% and total cumulative return in cash sums $177,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,127/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 2015
6,098 sqft 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: Donna Horton • IDEAL Real Estate
Mls Name: Olympic Listing Service
Mls ID: #390868
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.