2313 Rainbow St, Seven Bays, WA, 99122 | 5.02% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,072/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 5.02% with $2,072/mo rent. Return on cash invested shows 12.57% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 63.53% and total cumulative return in cash records $104,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,072/mo property income covering a $2,423/mo payment rather than investor’s personal income.

Manufactured

Built in 1993

1,716 sqft lot

$N/A/sqft

$100 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 99122, Davenport, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,353 (100%)
Owner Occupied HU	1,394 (59.2%)
Renter Occupied HU	315 (13.4%)
Vacant Housing Units	644 (27.4%)
Median Home Value	$365,152
Average Home Value	$409,127