717 Franklin StreetPt TownsendWA98368
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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 Pt Townsend at 717 Franklin Street, Pt Townsend, WA, 98368 listed at $820,000 pairs $2,141/mo rent with a $4,013/mo payment. Total monthly income runs $2,141/mo. Return on cash invested measures 7.66% in year one, and rental yield registers 3.13% at a $820,000 basis. Equity gained on principal adds $5,291/yr, and annual property appreciation at 5% supports $226,551 by year five. Five-year ROI tracks 36.9% and total cumulative return in cash totals $99,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,141/mo property income relative to a $4,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1891
2,678 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98368, Port Townsend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,645 (100%) |
| Owner Occupied HU | 6,530 (67.7%) |
| Renter Occupied HU | 2,204 (22.9%) |
| Vacant Housing Units | 911 ( 9.4%) |
| Median Home Value | $629,669 |
| Average Home Value | $704,278 |
Housing Distribution
Address Breakdown
Residential
8,413
Single Family
7,861
Multi-Family
552
Businesses
953
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Listed by: Abigail Little • Bell Tower Brokers
Mls Name: NWMLS
Mls ID: #2454346