2104 Delameter RoadCastle RockWA98611
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 Castle Rock at 2104 Delameter Road, Castle Rock, WA, 98611 earns $765/mo cash flow from $2,417/mo rent with a $1,346/mo payment. Total monthly income totals $2,417/mo, and annual cash flow totals $9,180/yr on $91,129 capital. ROI tracks 29.98% on current figures, and rental yield reads 10.55% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 156.69% and total cumulative return in cash sums $142,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,417/mo property income instead of your personal income.
Single Family
Built in 1925
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsey Nelson • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2451817