21 2nd StreetBay CenterWA98527
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
Rental property for sale in Bay Center at 21 2nd Street, Bay Center, WA, 98527 offers $1,414/mo rent that, after a $1,101/mo payment, leaves $62/mo cash flow. Total monthly income is $1,414/mo, and annual cash flow is $741/yr on $74,588 cash. Return on cash invested measures 20.9% in year one, and rental yield stands at 7.54% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 107.95% and total cumulative return in cash reaches $80,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,414/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1970
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98527, Bay Center, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Moore Schierscher • eXp Realty
Mls Name: NWMLS
Mls ID: #2436978