704 Lincoln StreetHoquiamWA98550
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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 Hoquiam at 704 Lincoln Street, Hoquiam, WA, 98550 with 5% annual appreciation on a $100,000 basis while $778/mo rent supports operations. Total monthly income totals $778/mo and a $489/mo payment preserves $177/mo for cash returns. Annual cash flow comes to $2,128/yr on $33,150 deployed, and return on cash invested reaches 26.33% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.34%. Five-year ROI measures 137.13% and total cumulative return in cash totals $45,460.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $778/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1911
7,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98550, Hoquiam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,293 (100%) |
| Owner Occupied HU | 3,018 (57.0%) |
| Renter Occupied HU | 1,734 (32.8%) |
| Vacant Housing Units | 541 (10.2%) |
| Median Home Value | $262,970 |
| Average Home Value | $317,287 |
Housing Distribution
Address Breakdown
Residential
4,674
Single Family
4,327
Multi-Family
347
Businesses
346
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Listed by: Jesse Misener • COMPASS
Mls Name: NWMLS
Mls ID: #2446007