214 Hamilton StreetMansfieldWA98830
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 Mansfield at 214 Hamilton Street, Mansfield, WA, 98830 listed at $275,000 pairs $2,239/mo rent with a $1,346/mo payment to leave $586/mo cash flow. Total monthly income runs $2,239/mo, and annual cash flow reaches $7,031/yr on $91,163 cash to close. Return on cash invested measures 27.62% in year one, and rental yield registers 9.77% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 143.94% and total cumulative return in cash totals $131,219. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,239/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98830, Mansfield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 205 (74.5%) |
| Renter Occupied HU | 48 (17.5%) |
| Vacant Housing Units | 22 ( 8.0%) |
| Median Home Value | $254,464 |
| Average Home Value | $357,280 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
44
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cora Nordby • Windermere RE/Lake Chelan
Mls Name: NWMLS
Mls ID: #2469484