621 N 7th AvenueSequimWA98382
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 Sequim at 621 N 7th Avenue, Sequim, WA, 98382 earns $585/mo cash flow from $1,937/mo rent with a $1,101/mo payment. Total monthly income totals $1,937/mo, and annual cash flow totals $7,017/yr on $74,588 capital. ROI tracks 29.32% on current figures, and rental yield reads 10.33% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 153.08% and total cumulative return in cash sums $114,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,937/mo property income instead of your personal income.
Manufactured
Built in 1996
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jake Tjernell • eXp Realty
Mls Name: NWMLS
Mls ID: #2418047