160 Allen Bros DrCastle RockWA98611
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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
Rental property for sale in Castle Rock at 160 Allen Bros Dr, Castle Rock, WA, 98611 priced at $389,000 pairs $1,314/mo rent with after a $1,904/mo payment. Total monthly income equals $1,314/mo. Return on cash invested is 10.38% in year one, and rental yield stands at 4.05% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 51.5% and total cumulative return in cash reaches $66,414. For financing, Ziffy Mortgage’s DSCR program evaluates $1,314/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98611, Castle Rock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,323 (100%) |
| Owner Occupied HU | 3,452 (79.9%) |
| Renter Occupied HU | 610 (14.1%) |
| Vacant Housing Units | 261 ( 6.0%) |
| Median Home Value | $467,354 |
| Average Home Value | $502,413 |
Housing Distribution
Address Breakdown
Residential
3,772
Single Family
3,748
Multi-Family
24
Businesses
203
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Listed by: Tracie DeMars • RE/MAX Equity Group
Mls Name: RMLS (OR)
Mls ID: #479841404