109 S Washington StreetAberdeenWA98520
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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 Aberdeen at 109 S Washington Street, Aberdeen, WA, 98520 priced at $229,950 converts $2,300/mo rent into $918/mo cash flow after a $1,125/mo obligation. Total monthly income equals $2,300/mo, and annual cash flow totals $11,019/yr on $76,228 invested. Return on cash invested prints 34.36% in year one, and rental yield reads 12% against a $229,950 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,531 by year five. Five-year ROI reaches 180.17% and total cumulative return in cash sums $137,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,300/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Single Family
Built in 1943
2,761 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98520, Aberdeen, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,757 (58.7%) |
| Renter Occupied HU | 3,108 (31.7%) |
| Vacant Housing Units | 935 ( 9.5%) |
| Median Home Value | $316,172 |
| Average Home Value | $373,273 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
7,870
Multi-Family
661
Businesses
873
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Listed by: Alexander Daniel Bradshaw • eXp Realty
Mls Name: NWMLS
Mls ID: #2435850