713 Olympic Ridge DrivePort LudlowWA98365
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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
Investment property for sale in Port Ludlow at 713 Olympic Ridge Drive, Port Ludlow, WA, 98365 at $1,349,000 posts ROI 6.74% with from $3,146/mo rent. Total monthly income equals $3,146/mo. Return on cash invested measures 6.74% and rental yield reads 2.8% at the current $1,349,000. Equity gained on principal adds $8,705/yr, and 5% annual appreciation supports $372,704 by year five. Five-year ROI prints 31.9% and total cumulative return in cash totals $139,431. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,146/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98365, Port Ludlow, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,308 (100%) |
| Owner Occupied HU | 2,438 (73.7%) |
| Renter Occupied HU | 260 ( 7.9%) |
| Vacant Housing Units | 610 (18.4%) |
| Median Home Value | $664,991 |
| Average Home Value | $723,065 |
Housing Distribution
Address Breakdown
Residential
2,857
Single Family
2,839
Multi-Family
18
Businesses
113
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Listed by: Karen Best • Coldwell Banker Best Homes
Mls Name: NWMLS
Mls ID: #2448553