718 Elizabeth PlacePort AngelesWA98362
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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 Angeles at 718 Elizabeth Place, Port Angeles, WA, 98362 with 5% annual appreciation on a $459,500 basis while $2,515/mo rent supports operations. 96% in year one. Equity gained on principal adds $2,965/yr, and five-year appreciation sums $126,951 alongside rental yield of 6.57%. Five-year ROI measures 92.16% and total cumulative return in cash totals $140,376. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,515/mo property income versus a $2,249/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98362, Port Angeles, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,827 (100%) |
| Owner Occupied HU | 7,777 (65.8%) |
| Renter Occupied HU | 3,219 (27.2%) |
| Vacant Housing Units | 831 ( 7.0%) |
| Median Home Value | $514,436 |
| Average Home Value | $587,374 |
Housing Distribution
Address Breakdown
Residential
10,887
Single Family
9,999
Multi-Family
888
Businesses
1,355
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Listed by: Mark DeRousie • RE/MAX Evergreen
Mls Name: NWMLS
Mls ID: #2417849