116 Main StreetRiversideWA98849
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Nearby investment properties with comparable prices
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 116 Main Street, Riverside, WA, 98849 with 5% annual appreciation on a $264,900 basis while $1,704/mo rent supports operations. Total monthly income totals $1,704/mo and a $1,297/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,334/yr on $87,814 deployed, and return on cash invested reaches 21.43% in year one. Equity gained on principal adds $1,709/yr, and five-year appreciation sums $73,187 alongside rental yield of 7.72%. Five-year ROI measures 110.79% and total cumulative return in cash totals $97,292.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,704/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
7,000 sqft 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: Dave Sheeley • Cornerstone RE Marketing
Mls Name: NWMLS
Mls Provider:
Mls ID: #2379471
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)