502 504 4th StreetHoquiamWA98550
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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 Hoquiam at 502 504 4th Street, Hoquiam, WA, 98550 earns $72/mo cash flow from $2,386/mo rent with a $1,884/mo payment. Total monthly income totals $2,386/mo, and annual cash flow totals $865/yr on $127,628 capital. ROI tracks 20.59% on current figures, and rental yield reads 7.44% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 106.27% and total cumulative return in cash sums $135,634. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,386/mo property income instead of your personal income.
Multi Family
Built in 1961
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98550, Hoquiam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 3,018 (57.0%) |
| Renter Occupied HU | 1,734 (32.8%) |
| Vacant Housing Units | 541 (10.2%) |
| Median Home Value | $262,970 |
| Average Home Value | $317,287 |
Housing Distribution
Address Breakdown
Residential
4,674
Single Family
4,327
Multi-Family
347
Businesses
346
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Listed by: Mary Carr • First Harbor Real Estate, Inc.
Mls Name: NWMLS
Mls ID: #2400957