464 Dolphin Ave NEOcean ShoresWA98569
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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 Ocean Shores at 464 Dolphin Ave NE, Ocean Shores, WA, 98569 priced at $496,200 pairs $2,574/mo rent with after a $2,429/mo payment. Total monthly income equals $2,574/mo. Return on cash invested is 16.92% in year one, and rental yield stands at 6.22% on a $496,200 basis. Equity gained on principal adds $3,202/yr, and 5% annual appreciation accumulates to $137,091 by year five. Five-year ROI measures 86.6% and total cumulative return in cash reaches $142,443. For financing, Ziffy Mortgage’s DSCR program evaluates $2,574/mo property income against a $2,429/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,041 (100%) |
| Owner Occupied HU | 3,028 (50.1%) |
| Renter Occupied HU | 751 (12.4%) |
| Vacant Housing Units | 2,262 (37.4%) |
| Median Home Value | $437,696 |
| Average Home Value | $590,386 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: N/A • N/A
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