60 N Keel #CPort LudlowWA98365
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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 Port Ludlow at 60 N Keel #C, Port Ludlow, WA, 98365 priced at $459,000 pairs $2,474/mo rent with after a $2,247/mo payment. Total monthly income equals $2,474/mo. Return on cash invested is 17.66% in year one, and rental yield stands at 6.47% on a $459,000 basis. Equity gained on principal adds $2,962/yr, and 5% annual appreciation accumulates to $126,813 by year five. Five-year ROI measures 90.54% and total cumulative return in cash reaches $137,771. For financing, Ziffy Mortgage’s DSCR program evaluates $2,474/mo property income against a $2,247/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98365, Port Ludlow, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,308 (100%) |
| Owner Occupied HU | 2,438 (73.7%) |
| Renter Occupied HU | 260 ( 7.9%) |
| Vacant Housing Units | 610 (18.4%) |
| Median Home Value | $664,991 |
| Average Home Value | $723,065 |
Housing Distribution
Address Breakdown
Residential
2,857
Single Family
2,839
Multi-Family
18
Businesses
113
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Listed by: Karena Wells • Port Ludlow Brokers LLC
Mls Name: NWMLS
Mls ID: #2353795