50 Lake Leland Cut-Off RoadQuilceneWA98376
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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 Quilcene at 50 Lake Leland Cut-Off Road, Quilcene, WA, 98376 priced at $489,000 pairs $2,608/mo rent with after a $2,393/mo payment. Total monthly income equals $2,608/mo. Return on cash invested is 17.46% in year one, and rental yield stands at 6.4% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 89.46% and total cumulative return in cash reaches $145,018. For financing, Ziffy Mortgage’s DSCR program evaluates $2,608/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1993
6.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98376, Quilcene, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,455 (100%) |
| Owner Occupied HU | 863 (59.3%) |
| Renter Occupied HU | 150 (10.3%) |
| Vacant Housing Units | 442 (30.4%) |
| Median Home Value | $625,000 |
| Average Home Value | $714,855 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
65
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Listed by: Dana Petrick • Port Ludlow Brokers LLC
Mls Name: NWMLS
Mls ID: #2437005