1223 Island WayNorth BonnevilleWA98639
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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 $2,640/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 6.03% with $2,640/mo rent. Return on cash invested shows 16.47% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 84.15% and total cumulative return in cash records $145,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2007
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98639, North Bonneville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 320 (69.9%) |
| Renter Occupied HU | 111 (24.2%) |
| Vacant Housing Units | 27 ( 5.9%) |
| Median Home Value | $512,376 |
| Average Home Value | $586,969 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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Listed by: Quincy Anderson • John L. Scott Real Estate
Mls Name: RMLS (OR)
Mls ID: #737471247