814 E 2nd StreetPort 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 814 E 2nd Street, Port Angeles, WA, 98362 uses $79,229 cash to close to unlock $3,145/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,699/mo, and a $1,170/mo payment keeps the spread at $262/mo. Purchase price stands at $239,000, and rental yield measures 8.53% with $1,699/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 123.96% and total cumulative return in cash records $98,208. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,699/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1927
6,098 sqft 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 Macedo • Ideal Real Estate
Mls Name: NWMLS
Mls ID: #2437682