831 N Canterbury CtSequimWA98382
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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 Sequim at 831 N Canterbury Ct, Sequim, WA, 98382 generates $2,813/mo in rent and, after a $1,346/mo payment, leaves $1,160/mo in cash flow. Total monthly income is $2,813/mo, and annual cash flow is $13,919/yr on $91,163 invested. Return on cash invested sits at 35.18% in year one, and rental yield is 12.27% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 184.47% and total cumulative return in cash sums $168,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,813/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98382, Sequim, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,613 (100%) |
| Owner Occupied HU | 12,131 (73.0%) |
| Renter Occupied HU | 3,070 (18.5%) |
| Vacant Housing Units | 1,412 ( 8.5%) |
| Median Home Value | $595,126 |
| Average Home Value | $644,188 |
Housing Distribution
Address Breakdown
Residential
15,092
Single Family
14,325
Multi-Family
767
Businesses
1,174
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Listed by: Debbie Chamblin • PROFESSIONAL RLTY SRVCS SEQUIM INC
Mls Name: Olympic Listing Service
Mls ID: #391408