1446 Veit RdNewportWA99156
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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
Investment property for sale in Newport at 1446 Veit Rd, Newport, WA, 99156 earns $191/mo cash flow from $1,664/mo rent with a $1,199/mo payment. Total monthly income totals $1,664/mo, and annual cash flow totals $2,297/yr on $81,218 capital. ROI tracks 22.74% on current figures, and rental yield reads 8.15% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 117.8% and total cumulative return in cash sums $95,676. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,664/mo property income instead of your personal income.
Single Family
Built in 1995
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99156, Newport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,995 (100%) |
| Owner Occupied HU | 2,913 (58.3%) |
| Renter Occupied HU | 805 (16.1%) |
| Vacant Housing Units | 1,277 (25.6%) |
| Median Home Value | $471,257 |
| Average Home Value | $500,637 |
Housing Distribution
Address Breakdown
Residential
3,215
Single Family
3,055
Multi-Family
160
Businesses
280
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Listed by: Angela Newcomb • EXIT Real Estate Professionals
Mls Name: SMLS
Mls ID: #202524788