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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ocean Shores at 969 Cascade Avenue SW, Ocean Shores, WA, 98569 with 5% annual appreciation on a $489,000 basis while $2,484/mo rent supports operations. 54% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 6.1%. Five-year ROI measures 84.53% and total cumulative return in cash totals $137,026. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,484/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
7,039 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 |
|---|---|---|
| 2025-03-01 | Listed for sale | $489,000 |
| 2021-01-29 | Sold | $396,000 |
| 2021-01-15 | Pending sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-04 | $2433.24 | -1.84% | $387,147 | 2.10% |
| 2022-03-04 | $2478.86 | -9.56% | $379,178 | 16.94% |
| 2021-03-04 | $2740.86 | -8.72% | $324,257 | 11.50% |
Listed by: Rick LaShance • Windermere R.E. Ocean Shores
Mls Name: NWMLS
Mls Provider:
Mls ID: #2336302
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)
