1003 Washington StDavenportWA99122
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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 Davenport at 1003 Washington St, Davenport, WA, 99122 offers $1,014/mo rent that, after a $1,786/mo payment. Total monthly income is $1,014/mo. Return on cash invested measures 7.79% in year one, and rental yield stands at 3.33% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 37.8% and total cumulative return in cash reaches $45,739. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,014/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99122, Davenport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,394 (59.2%) |
| Renter Occupied HU | 315 (13.4%) |
| Vacant Housing Units | 644 (27.4%) |
| Median Home Value | $365,152 |
| Average Home Value | $409,127 |
Housing Distribution
Address Breakdown
Residential
1,536
Single Family
1,516
Multi-Family
20
Businesses
169
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Listed by: Chelsea Mcfarland • Prime Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202514728
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.