201 Main StreetIlwacoWA98624
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 Ilwaco at 201 Main Street, Ilwaco, WA, 98624 at $369,000 posts ROI 19.97% with $6/mo cash flow from $2,224/mo rent. Total monthly income equals $2,224/mo, and annual cash flow records $71/yr on $122,324 to close. Return on cash invested measures 19.97% and rental yield reads 7.23% at the current $369,000. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 by year five. Five-year ROI prints 102.91% and total cumulative return in cash totals $125,883.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,224/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
5,227 sqft 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: Doug Knutzen • Realty One Group Pacifica
Mls Name: NWMLS
Mls ID: #2408592