540 N 7th Avenue #54SequimWA98382
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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 Sequim at 540 N 7th Avenue #54, Sequim, WA, 98382 uses $99,119 cash to close to unlock $8,677/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,463/mo payment keeps the spread at $723/mo. Purchase price stands at $299,000, and rental yield measures 10.11% with $2,520/mo rent. Return on cash invested shows 28.66% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 149.59% and total cumulative return in cash records $148,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
1,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98382, Sequim, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,613 (100%) |
| Owner Occupied HU | 12,131 (73.0%) |
| Renter Occupied HU | 3,070 (18.5%) |
| Vacant Housing Units | 1,412 ( 8.5%) |
| Median Home Value | $595,126 |
| Average Home Value | $644,188 |
Housing Distribution
Address Breakdown
Residential
15,092
Single Family
14,325
Multi-Family
767
Businesses
1,174
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Listed by: Jared English • Congress Realty
Mls Name: NWMLS
Mls ID: #2455974