732 Alcade Court SW, Ocean Shores, WA, 98569 | $341/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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732 Alcade Court SW, Ocean Shores, WA, 98569 | $341/mo Cash Flow | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ocean Shores at 732 Alcade Court SW, Ocean Shores, WA, 98569 generates $2,956/mo in rent and, after a $2,129/mo payment, leaves $341/mo in cash flow. Total monthly income is $2,956/mo, and annual cash flow is $4,095/yr on $144,203 invested. Return on cash invested sits at 22.75% in year one, and rental yield is 8.15% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 117.85% and total cumulative return in cash sums $169,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,956/mo property income rather than buyer’s personal income.

Single Family

Built in 1994

8,746 sqft lot

$N/A/sqft

No HOA

More details about the property

New siding and new roof (2022) on this freshly painted 2.5 story home with tasteful architecture and ocean views. Second level main living area features 2 bedrooms, full bath, and an open floor plan with dining area and built in window seat by the freestanding propane fireplace. A sliding glass door leads to a large wrap around deck. Lower level accessible through double garage, side door, or front and includes living area, mud room/laundry, bath, and an office/flex space. Top floor features oversized primary bedroom, large windows overlooking the ocean, and a full bath with a jetted tub and separate shower. Attractive low-maintenance landscaping and fully fenced back yard. Quiet cul-de-sac one block from the public beach trail.

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