208 S 3rd StGarfieldWA99130
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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 Garfield at 208 S 3rd St, Garfield, WA, 99130 uses $96,135 cash to close to unlock $8,042/yr annual cash flow and $670/mo monthly cash flow. Total monthly income runs $2,413/mo, and a $1,419/mo payment keeps the spread at $670/mo. Purchase price stands at $290,000, and rental yield measures 9.98% with $2,413/mo rent. Return on cash invested shows 28.27% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 147.5% and total cumulative return in cash records $141,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,413/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99130, Garfield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 407 (100%) |
| Owner Occupied HU | 287 (70.5%) |
| Renter Occupied HU | 65 (16.0%) |
| Vacant Housing Units | 55 (13.5%) |
| Median Home Value | $376,531 |
| Average Home Value | $415,375 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
146
Multi-Family
0
Businesses
23
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Listed by: Jayci Cocking • Woodbridge Real Estate
Mls Name: PACMLS
Mls ID: #288179