50 Harborview Drive #7Pt TownsendWA98368
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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 Pt Townsend at 50 Harborview Drive #7, Pt Townsend, WA, 98368 earns from $1,950/mo rent with a $2,275/mo payment. Total monthly income totals $1,950/mo. ROI tracks 13.34% on current figures, and rental yield reads 5.03% at a $464,900 purchase. Equity gained on principal adds $3,000/yr, and 5% annual appreciation supports $128,443 over five years. Five-year ROI reaches 67.36% and total cumulative return in cash sums $103,804. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,950/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98368, Port Townsend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,645 (100%) |
| Owner Occupied HU | 6,530 (67.7%) |
| Renter Occupied HU | 2,204 (22.9%) |
| Vacant Housing Units | 911 ( 9.4%) |
| Median Home Value | $629,669 |
| Average Home Value | $704,278 |
Housing Distribution
Address Breakdown
Residential
8,413
Single Family
7,861
Multi-Family
552
Businesses
953
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Listed by: Greg Gallagher • Real Estate Gladiators
Mls Name: NWMLS
Mls ID: #2421664