140 Newell AvenueWestportWA98595
Nearby investment properties with comparable rents
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 Westport at 140 Newell Avenue, Westport, WA, 98595 listed at $399,950 pairs $2,276/mo rent with a $1,958/mo payment. Total monthly income runs $2,276/mo. Return on cash invested measures 18.74% in year one, and rental yield registers 6.83% at a $399,950 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,499 by year five. Five-year ROI tracks 96.38% and total cumulative return in cash totals $127,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,276/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1963
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98595, Westport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 944 (45.8%) |
| Renter Occupied HU | 504 (24.5%) |
| Vacant Housing Units | 612 (29.7%) |
| Median Home Value | $357,736 |
| Average Home Value | $376,144 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
377
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karin McCarther • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2444159