517 Emerson AveHoquiamWA98550
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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 Hoquiam at 517 Emerson Ave, Hoquiam, WA, 98550 generates $2,448/mo in rent and, after a $1,288/mo payment, leaves $813/mo in cash flow. Total monthly income is $2,448/mo, and annual cash flow is $9,759/yr on $87,201 invested. Return on cash invested sits at 31.1% in year one, and rental yield is 11.17% on a $263,051 entry. Equity gained on principal adds $1,697/yr, while 5% annual appreciation builds toward $72,676 over five years. Five-year ROI reaches 162.92% and total cumulative return in cash sums $142,071. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,448/mo property income rather than buyer’s personal income.
Apartment
Built in 1906
10,454 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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Nearby investment properties with comparable prices
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