793 Island Circle SEOcean 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
Investment property for sale in Ocean Shores at 793 Island Circle SE, Ocean Shores, WA, 98569 earns from $2,600/mo rent with a $2,154/mo payment. Total monthly income totals $2,600/mo. ROI tracks 19.54% on current figures, and rental yield reads 7.09% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 100.62% and total cumulative return in cash sums $146,758. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,600/mo property income instead of your personal income.
Single Family
Built in 2022
7,701 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: Donna Jones • John L. Scott Ocean Shores
Mls Name: NWMLS
Mls ID: #2398223