50 S Chandler Ct #CPt LudlowWA98365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pt Ludlow at 50 S Chandler Ct #C, Pt Ludlow, WA, 98365 priced at $461,000 converts $2,586/mo rent into after a $2,256/mo obligation. Total monthly income equals $2,586/mo. Return on cash invested prints 18.46% in year one, and rental yield reads 6.73% against a $461,000 entry. Equity gained on principal adds $2,975/yr, while 5% annual appreciation compiles into $127,366 by year five. Five-year ROI reaches 94.84% and total cumulative return in cash sums $144,939. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,586/mo property income covering a $2,256/mo payment, not borrower’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98365, Port Ludlow, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,308 (100%) |
| Owner Occupied HU | 2,438 (73.7%) |
| Renter Occupied HU | 260 ( 7.9%) |
| Vacant Housing Units | 610 (18.4%) |
| Median Home Value | $664,991 |
| Average Home Value | $723,065 |
Housing Distribution
Address Breakdown
Residential
2,857
Single Family
2,839
Multi-Family
18
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A