110 3rd Avenue SWPacificWA98047
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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 Pacific at 110 3rd Avenue SW, Pacific, WA, 98047 generates $3,955/mo in rent and, after a $2,570/mo payment, leaves $799/mo in cash flow. Total monthly income is $3,955/mo, and annual cash flow is $9,585/yr on $172,725 invested. Return on cash invested sits at 25.61% in year one, and rental yield is 9.04% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 133.14% and total cumulative return in cash sums $229,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,955/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98047, Pacific, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,384 (100%) |
| Owner Occupied HU | 1,361 (57.1%) |
| Renter Occupied HU | 960 (40.3%) |
| Vacant Housing Units | 63 ( 2.6%) |
| Median Home Value | $524,893 |
| Average Home Value | $605,044 |
Housing Distribution
Address Breakdown
Residential
2,359
Single Family
2,358
Multi-Family
1
Businesses
180
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Listed by: Don M. Goethals • RE/MAX Extra Inc.
Mls Name: NWMLS
Mls ID: #2402999