496 Winlock Street, Ocean Shores, WA, 98569 | $708/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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496 Winlock Street, Ocean Shores, WA, 98569 | $708/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ocean Shores at 496 Winlock Street, Ocean Shores, WA, 98569 offers a 9.65% rental yield on a $349,000 purchase with $2,806/mo rent. Total monthly income registers $2,806/mo, and a $1,708/mo payment leaves $708/mo available for distribution. Annual cash flow reaches $8,499/yr on $115,694 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 142.03% and total cumulative return in cash at $164,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,806/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

8,463 sqft lot

$N/A/sqft

No HOA

More details about the property

Multigenerational/Rental Opportunity in Ocean Shores. Home is surrounded by large windows w/ plenty of natural Light. 3 Bedroom 1.75 Bath w/ a detatched 4 car garage/shop 1200 sq ft. Large living room with a partial view of ocean & a wood burnin fireplace .Kitchen with dining area & extra bar seating. Attic is 12 feet wide by 36 feet the length of the house! Lower level has a separate entrance with a living room,bedroom, bath, Kitchen & 1 car attatched garage. Walking distance to the Beach and hear the power of the Ocean & smell the fresh air! Plenty of Bicycle and ocean trails, with a community clubhouse, gym, golf, indoor & outdoor pool. Great shops & restaurants close by! A Bit of TLC will make this place shine!

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