61 Simmons StreetSekiuWA98381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sekiu at 61 Simmons Street, Sekiu, WA, 98381 at $289,000 posts ROI 23.31% with $271/mo cash flow from $2,009/mo rent. Total monthly income equals $2,009/mo, and annual cash flow records $3,255/yr on $95,804 to close. Return on cash invested measures 23.31% and rental yield reads 8.34% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 120.85% and total cumulative return in cash totals $115,778.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,009/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1992
9,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98381, Sekiu, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 299 (100%) |
| Owner Occupied HU | 158 (52.8%) |
| Renter Occupied HU | 72 (24.1%) |
| Vacant Housing Units | 69 (23.1%) |
| Median Home Value | $382,143 |
| Average Home Value | $484,573 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
11
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Listed by: Rachel Breed • Ideal Real Estate
Mls Name: NWMLS
Mls ID: #2464988