144 State Rt 101ChinookWA98614
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
Rental property for sale in Chinook at 144 State Rt 101, Chinook, WA, 98614 generates $2,791/mo in rent, after a $3,177/mo payment. Total monthly income is $2,791/mo. Return on cash invested sits at 13.82% in year one, and rental yield is 5.16% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 69.92% and total cumulative return in cash sums $149,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,791/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98614, Chinook, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 419 (100%) |
| Owner Occupied HU | 258 (61.6%) |
| Renter Occupied HU | 58 (13.8%) |
| Vacant Housing Units | 103 (24.6%) |
| Median Home Value | $443,478 |
| Average Home Value | $781,405 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Mack • Lighthouse Realty
Mls Name: NWMLS
Mls ID: #2392886