119 Gassman RdCastle RockWA98611
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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
Total monthly income runs $1,314/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 2.26% with $1,314/mo rent. Return on cash invested shows 4.99% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 22.59% and total cumulative return in cash records $51,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,314/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 2026
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98611, Castle Rock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,323 (100%) |
| Owner Occupied HU | 3,452 (79.9%) |
| Renter Occupied HU | 610 (14.1%) |
| Vacant Housing Units | 261 ( 6.0%) |
| Median Home Value | $467,354 |
| Average Home Value | $502,413 |
Housing Distribution
Address Breakdown
Residential
3,772
Single Family
3,748
Multi-Family
24
Businesses
203
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Listed by: Matthew Morris • Matt Morris Real Estate
Mls Name: RMLS (OR)
Mls ID: #747166462