161 Jorgens RdNewportWA99156
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 Newport at 161 Jorgens Rd, Newport, WA, 99156 offers $1,616/mo rent that, after a $1,101/mo payment, leaves $264/mo cash flow. Total monthly income is $1,616/mo, and annual cash flow is $3,165/yr on $74,588 cash. Return on cash invested measures 24.15% in year one, and rental yield stands at 8.62% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 125.37% and total cumulative return in cash reaches $93,513. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,616/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
5.01 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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Nearby investment properties with comparable prices
Listed by: Grace Chiquette • Stimulus Realty, LLC
Mls Name: SMLS
Mls ID: #202519885