50 N Bingham PlHoodsportWA98548
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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 Hoodsport at 50 N Bingham Pl, Hoodsport, WA, 98548 uses $96,533 cash to close to unlock $1,654/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,888/mo, and a $1,425/mo payment keeps the spread at $138/mo. Purchase price stands at $291,200, and rental yield measures 7.78% with $1,888/mo rent. Return on cash invested shows 21.62% in year one, and 5% annual appreciation builds toward $80,453 over five years. Five-year ROI reaches 111.79% and total cumulative return in cash records $107,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,888/mo property income covering a $1,425/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98548, Hoodsport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,326 (100%) |
| Owner Occupied HU | 1,064 (45.7%) |
| Renter Occupied HU | 172 ( 7.4%) |
| Vacant Housing Units | 1,090 (46.9%) |
| Median Home Value | $436,446 |
| Average Home Value | $457,939 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
61
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Listed by: N/A • N/A
Mls Name: John L Scott Real Estate
Mls ID: #2395914