105 Lower Tower StreetRiversideWA98849
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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 Riverside at 105 Lower Tower Street, Riverside, WA, 98849 listed at $230,000 pairs $2,161/mo rent with a $1,126/mo payment to leave $778/mo cash flow. Total monthly income runs $2,161/mo, and annual cash flow reaches $9,338/yr on $76,245 cash to close. Return on cash invested measures 32.16% in year one, and rental yield registers 11.27% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 168.35% and total cumulative return in cash totals $128,359. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,161/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1995
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98849, Riverside, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 476 (59.8%) |
| Renter Occupied HU | 115 (14.4%) |
| Vacant Housing Units | 205 (25.8%) |
| Median Home Value | $344,755 |
| Average Home Value | $383,214 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
28
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Listed by: Britney Arthur • RE/MAX Welcome Home
Mls Name: NWMLS
Mls ID: #2457358