Investing in Clallam County
Clallam County covers 2 rental markets we actively finance in Washington — Port Angeles, Sequim. Across those markets the median investment basis averages $452,500, a long-term lease averages $2,075/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,315. That produces a county-wide average DSCR ratio near 0.63x.
Basis varies more inside Clallam County than the average suggests. Port Angeles is the lowest entry point at roughly $425,000, while Port Angeles currently models the strongest coverage ratio in the county at 0.63x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.