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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ocean Shores at 581 NE Dolphin, Ocean Shores, WA, 98569 priced at $169,900 pairs $1,604/mo rent with $582/mo cash flow after a $832/mo payment. Total monthly income equals $1,604/mo, and annual cash flow comes to $6,987/yr on $56,322 invested. Return on cash invested is 32.32% in year one, and rental yield stands at 11.33% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 169.19% and total cumulative return in cash reaches $95,294. For financing, Ziffy Mortgage’s DSCR program evaluates $1,604/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,041 (100%) |
| Owner Occupied HU | 3,028 (50.1%) |
| Renter Occupied HU | 751 (12.4%) |
| Vacant Housing Units | 2,262 (37.4%) |
| Median Home Value | $437,696 |
| Average Home Value | $590,386 |
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: William E. Johnson • William E. Johnson
Mls Name: NWMLS
Mls ID: #2452310
