646 Summer Breeze LaneSequimWA98382
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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 Sequim at 646 Summer Breeze Lane, Sequim, WA, 98382 priced at $529,000 converts $2,761/mo rent into after a $2,589/mo obligation. Total monthly income equals $2,761/mo. Return on cash invested prints 17.17% in year one, and rental yield reads 6.26% against a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation compiles into $146,153 by year five. Five-year ROI reaches 87.92% and total cumulative return in cash sums $153,017. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,761/mo property income covering a $2,589/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5,941 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: Donna Miller • BrokersGroup R.E.Professionals
Mls Name: NWMLS
Mls ID: #2456836