1918 Harrison Avenue #16CentraliaWA98531
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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 Centralia at 1918 Harrison Avenue #16, Centralia, WA, 98531 uses $72,599 cash to close to unlock $7,889/yr annual cash flow and $657/mo monthly cash flow. Total monthly income runs $1,974/mo, and a $1,072/mo payment keeps the spread at $657/mo. Purchase price stands at $219,000, and rental yield measures 10.82% with $1,974/mo rent. Return on cash invested shows 30.78% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 160.92% and total cumulative return in cash records $116,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,974/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98531, Centralia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,057 (100%) |
| Owner Occupied HU | 6,565 (59.4%) |
| Renter Occupied HU | 3,939 (35.6%) |
| Vacant Housing Units | 553 ( 5.0%) |
| Median Home Value | $437,223 |
| Average Home Value | $476,127 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
9,930
Multi-Family
574
Businesses
1,024
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Listed by: Walter Cuestas • CENTURY 21 Lund, Realtors
Mls Name: NWMLS
Mls ID: #2448131