16916 455th Avenue SENorth BendWA98045
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 North Bend at 16916 455th Avenue SE, North Bend, WA, 98045 generates $6,206/mo in rent and, after a $4,405/mo payment, leaves $796/mo in cash flow. Total monthly income is $6,206/mo, and annual cash flow is $9,552/yr on $296,100 invested. Return on cash invested sits at 23.29% in year one, and rental yield is 8.27% on a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash sums $357,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,206/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98045, North Bend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,852 (100%) |
| Owner Occupied HU | 5,258 (76.7%) |
| Renter Occupied HU | 1,160 (16.9%) |
| Vacant Housing Units | 434 ( 6.3%) |
| Median Home Value | $940,922 |
| Average Home Value | $1,092,831 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,536
Multi-Family
683
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Nissen • Windermere Real Estate/Summit
Mls Name: NWMLS
Mls ID: #2402633