Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ocean Shores at 787 Ocean Shores Boulevard SW, Ocean Shores, WA, 98569 priced at $410,000 converts $2,340/mo rent into after a $2,007/mo obligation. Total monthly income equals $2,340/mo. Return on cash invested prints 18.81% in year one, and rental yield reads 6.85% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 96.72% and total cumulative return in cash sums $131,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 2023
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98569, Ocean Shores, WA area.
| 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 |
Residential
3,837
Single Family
3,719
Multi-Family
118
Businesses
234
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lori M. Patch • The Thomas Group NW RE, LLC
Mls Name: NWMLS
Mls ID: #2446932
