206 N 1st StRockfordWA99030
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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 Rockford at 206 N 1st St, Rockford, WA, 99030 listed at $104,900 pairs $795/mo rent with a $513/mo payment to leave $165/mo cash flow. Total monthly income runs $795/mo, and annual cash flow reaches $1,978/yr on $34,774 cash to close. Return on cash invested measures 25.6% in year one, and rental yield registers 9.09% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 133.12% and total cumulative return in cash totals $46,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $795/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1888
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99030, Rockford, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 345 (80.0%) |
| Renter Occupied HU | 61 (14.2%) |
| Vacant Housing Units | 25 ( 5.8%) |
| Median Home Value | $640,504 |
| Average Home Value | $661,239 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
322
Multi-Family
0
Businesses
34
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Listed by: Cory Dyer • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls ID: #202523281