1008 E PioneerMontesanoWA98563
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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
Investment property for sale in Montesano at 1008 E Pioneer, Montesano, WA, 98563 uses $111,053 cash to close to unlock $5,267/yr annual cash flow and $439/mo monthly cash flow. Total monthly income runs $2,453/mo, and a $1,640/mo payment keeps the spread at $439/mo. Purchase price stands at $335,000, and rental yield measures 8.79% with $2,453/mo rent. Return on cash invested shows 24.65% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 128.04% and total cumulative return in cash records $142,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,453/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1905
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98563, Montesano, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,711 (72.4%) |
| Renter Occupied HU | 770 (20.5%) |
| Vacant Housing Units | 266 ( 7.1%) |
| Median Home Value | $428,081 |
| Average Home Value | $456,402 |
Housing Distribution
Address Breakdown
Residential
3,408
Single Family
3,350
Multi-Family
58
Businesses
278
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Listed by: Carl Fortman • Price & Price Realty, Inc. PS
Mls Name: NWMLS
Mls ID: #2469833