150 Paragon DrNewportWA99156
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 Newport at 150 Paragon Dr, Newport, WA, 99156 offers a 5.8% rental yield on a $565,500 purchase with $2,731/mo rent. 75% in year one. Equity gained on principal adds $3,649/yr while 5% annual appreciation supports $156,237 over five years. Portfolio math shows five-year ROI at 80.28% and total cumulative return in cash at $149,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,731/mo property income against a $2,768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
10.04 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Canning • Coldwell Banker Tomlinson
Mls Name: SMLS
Mls ID: #202520202