197 State Route 505WinlockWA98596
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
Investment property for sale in Winlock at 197 State Route 505, Winlock, WA, 98596 uses $120,964 cash to close to unlock $4,470/yr annual cash flow and $373/mo monthly cash flow. Total monthly income runs $2,566/mo, and a $1,786/mo payment keeps the spread at $373/mo. Purchase price stands at $364,900, and rental yield measures 8.44% with $2,566/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 122.45% and total cumulative return in cash records $148,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98596, Winlock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,082 (100%) |
| Owner Occupied HU | 2,414 (78.3%) |
| Renter Occupied HU | 506 (16.4%) |
| Vacant Housing Units | 162 ( 5.3%) |
| Median Home Value | $517,834 |
| Average Home Value | $594,268 |
Housing Distribution
Address Breakdown
Residential
2,711
Single Family
2,688
Multi-Family
23
Businesses
102
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Listed by: Amber Wrzesinski • Realty One Group Pacifica
Mls Name: NWMLS
Mls ID: #2418683