200 Red Hawk DrCastle RockWA98611
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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
Rental property for sale in Castle Rock at 200 Red Hawk Dr, Castle Rock, WA, 98611 generates $3,773/mo in rent and, after a $2,838/mo payment, leaves $287/mo in cash flow. Total monthly income is $3,773/mo, and annual cash flow is $3,449/yr on $190,787 invested. Return on cash invested sits at 21.87% in year one, and rental yield is 7.81% on a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 113.09% and total cumulative return in cash sums $215,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,773/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2 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
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Listed by: Alex Hughes • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #651824240