214 N Talbot StreetMontesanoWA98563
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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
Rental property for sale in Montesano at 214 N Talbot Street, Montesano, WA, 98563 priced at $470,000 converts $2,453/mo rent into after a $2,300/mo obligation. Total monthly income equals $2,453/mo. Return on cash invested prints 17.05% in year one, and rental yield reads 6.26% against a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,852 by year five. Five-year ROI reaches 87.28% and total cumulative return in cash sums $135,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,453/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98563, Montesano, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,711 (72.4%) |
| Renter Occupied HU | 770 (20.5%) |
| Vacant Housing Units | 266 ( 7.1%) |
| Median Home Value | $428,081 |
| Average Home Value | $456,402 |
Housing Distribution
Address Breakdown
Residential
3,408
Single Family
3,350
Multi-Family
58
Businesses
278
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Listed by: Christopher Pierog • Spivey Realty Group, LLC
Mls Name: NWMLS
Mls ID: #2470451