8215 176th Avenue Ct SWLongbranchWA98351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Longbranch at 8215 176th Avenue Ct SW, Longbranch, WA, 98351 offers a 8.87% rental yield on a $284,777 purchase with $2,106/mo rent. Total monthly income registers $2,106/mo, and a $1,394/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,728/yr on $94,404 to close, and return on cash invested stands at 24.92% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,679 over five years. Portfolio math shows five-year ROI at 129.46% and total cumulative return in cash at $122,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,106/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
10,031 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98351, Longbranch, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 523 (66.4%) |
| Renter Occupied HU | 77 ( 9.8%) |
| Vacant Housing Units | 188 (23.9%) |
| Median Home Value | $696,062 |
| Average Home Value | $795,540 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
4
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Listed by: Jason G Leyes • Engel & Voelkers Chambers Bay
Mls Name: NWMLS
Mls ID: #2408408