193 Robert Gray Drive SWIlwacoWA98624
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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 Ilwaco at 193 Robert Gray Drive SW, Ilwaco, WA, 98624 at $1,250,000 posts ROI 7.35% with from $3,120/mo rent. Total monthly income equals $3,120/mo. Return on cash invested measures 7.35% and rental yield reads 3% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 35.17% and total cumulative return in cash totals $142,429. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98624, Ilwaco, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 418 (58.7%) |
| Renter Occupied HU | 153 (21.5%) |
| Vacant Housing Units | 141 (19.8%) |
| Median Home Value | $453,061 |
| Average Home Value | $603,678 |
Housing Distribution
Address Breakdown
Residential
132
Single Family
132
Multi-Family
0
Businesses
88
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Nearby investment properties with comparable prices
Listed by: Crystal Lynn Neprud • Realty One Group Pacifica
Mls Name: NWMLS
Mls ID: #2437345