739 Park Avenue NEOcean ShoresWA98569
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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
Rental property for sale in Ocean Shores at 739 Park Avenue NE, Ocean Shores, WA, 98569 priced at $325,000 pairs $1,732/mo rent with after a $1,591/mo payment. Total monthly income equals $1,732/mo. Return on cash invested is 17.44% in year one, and rental yield stands at 6.4% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 89.4% and total cumulative return in cash reaches $96,313. For financing, Ziffy Mortgage’s DSCR program evaluates $1,732/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
8,333 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
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Listed by: Eric Butler • North Beach Realty OS LLC
Mls Name: NWMLS
Mls ID: #2382745