195 Bay Point DrCastle RockWA98611
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 Castle Rock at 195 Bay Point Dr, Castle Rock, WA, 98611 priced at $848,700 pairs $3,222/mo rent with after a $4,154/mo payment. Total monthly income equals $3,222/mo. Return on cash invested is 11.98% in year one, and rental yield stands at 4.56% on a $848,700 basis. Equity gained on principal adds $5,477/yr, and 5% annual appreciation accumulates to $234,480 by year five. Five-year ROI measures 60.07% and total cumulative return in cash reaches $167,721. For financing, Ziffy Mortgage’s DSCR program evaluates $3,222/mo property income against a $4,154/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98611, Castle Rock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,323 (100%) |
| Owner Occupied HU | 3,452 (79.9%) |
| Renter Occupied HU | 610 (14.1%) |
| Vacant Housing Units | 261 ( 6.0%) |
| Median Home Value | $467,354 |
| Average Home Value | $502,413 |
Housing Distribution
Address Breakdown
Residential
3,772
Single Family
3,748
Multi-Family
24
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A