2118 Aberdeen AvenueAberdeenWA98520
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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 Aberdeen at 2118 Aberdeen Avenue, Aberdeen, WA, 98520 offers a 9.44% rental yield on a $262,500 purchase with $2,064/mo rent. Total monthly income registers $2,064/mo, and a $1,285/mo payment leaves $486/mo available for distribution. Annual cash flow reaches $5,830/yr on $87,019 to close, and return on cash invested stands at 26.61% in year one. Equity gained on principal adds $1,694/yr while 5% annual appreciation supports $72,524 over five years. Portfolio math shows five-year ROI at 138.52% and total cumulative return in cash at $120,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,064/mo property income against a $1,285/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98520, Aberdeen, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,757 (58.7%) |
| Renter Occupied HU | 3,108 (31.7%) |
| Vacant Housing Units | 935 ( 9.5%) |
| Median Home Value | $316,172 |
| Average Home Value | $373,273 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
7,870
Multi-Family
661
Businesses
873
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Listed by: David Quigg • Quigg & Co Real Estate
Mls Name: NWMLS
Mls ID: #2443632