669 Duck Lake Drive NEOcean ShoresWA98569
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 Ocean Shores at 669 Duck Lake Drive NE, Ocean Shores, WA, 98569 earns $827/mo cash flow from $2,129/mo rent with a $1,060/mo payment. Total monthly income totals $2,129/mo, and annual cash flow totals $9,927/yr on $71,770 capital. ROI tracks 33.74% on current figures, and rental yield reads 11.8% at a $216,500 purchase. Equity gained on principal adds $1,397/yr, and 5% annual appreciation supports $59,815 over five years. Five-year ROI reaches 176.84% and total cumulative return in cash sums $126,916. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,129/mo property income instead of your personal income.
Manufactured
Built in 1994
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: Anthony Black • North Beach Realty OS LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2375935
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:14:41 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)