18403 Ivan Street SWRochesterWA98579
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 18403 Ivan Street SW, Rochester, WA, 98579 in Rochester. At $404,900 it earns $2,653/mo in rent and distributes $219/mo to the owner after the $1,821/mo payment, a consistent 7.86% yield. DSCR 1.46 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $111,866 in value; $3,729/yr in principal paydown compounds ownership stake. Total projected return: $167,291.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $219 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,653 |
| Total Monthly Debt Service | $2,273 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1994
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98579, Rochester, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,232 (100%) |
| Owner Occupied HU | 4,199 (80.3%) |
| Renter Occupied HU | 862 (16.5%) |
| Vacant Housing Units | 171 ( 3.3%) |
| Median Home Value | $568,154 |
| Average Home Value | $587,170 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
198
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
Manufactured
Built in 1994
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98579, Rochester, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,232 (100%) |
| Owner Occupied HU | 4,199 (80.3%) |
| Renter Occupied HU | 862 (16.5%) |
| Vacant Housing Units | 171 ( 3.3%) |
| Median Home Value | $568,154 |
| Average Home Value | $587,170 |
Housing Distribution
Address Breakdown
Residential
4,755
Single Family
4,755
Multi-Family
0
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon M. Brent • John L. Scott/Yelm
Mls Name: NWMLS
Mls ID: #2472440