1660 N 18th Street #20WashougalWA98671
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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 Washougal at 1660 N 18th Street #20, Washougal, WA, 98671 offers a 8.06% rental yield on a $369,000 purchase with $2,477/mo rent. Total monthly income registers $2,477/mo, and a $1,806/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,107/yr on $122,324 to close, and return on cash invested stands at 22.45% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 116.21% and total cumulative return in cash at $142,155. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,477/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98671, Washougal, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,114 (100%) |
| Owner Occupied HU | 7,637 (75.5%) |
| Renter Occupied HU | 2,121 (21.0%) |
| Vacant Housing Units | 356 ( 3.5%) |
| Median Home Value | $644,647 |
| Average Home Value | $684,084 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,385
Multi-Family
391
Businesses
497
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Listed by: Kelly Primerano • Redfin
Mls Name: NWMLS
Mls ID: #2431788