531 Lakeness RdQuilceneWA98376
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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 531 Lakeness Rd, Quilcene, WA, 98376 generates $2,300/mo in rent and, after a $1,835/mo payment, leaves $46/mo in cash flow. Total monthly income is $2,300/mo, and annual cash flow is $555/yr on $124,313 invested. Return on cash invested sits at 20.36% in year one, and rental yield is 7.36% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 105.03% and total cumulative return in cash sums $130,563. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,300/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
5.09 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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