24 McCormack StreetBrewsterWA98812
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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 Brewster at 24 McCormack Street, Brewster, WA, 98812 generates $1,670/mo in rent and, after a $1,219/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,670/mo, and annual cash flow is $2,075/yr on $82,544 invested. Return on cash invested sits at 22.42% in year one, and rental yield is 8.05% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 116.08% and total cumulative return in cash sums $95,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
3.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98812, Brewster, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,989 (100%) |
| Owner Occupied HU | 959 (48.2%) |
| Renter Occupied HU | 691 (34.7%) |
| Vacant Housing Units | 339 (17.0%) |
| Median Home Value | $358,836 |
| Average Home Value | $451,319 |
Housing Distribution
Address Breakdown
Residential
427
Single Family
427
Multi-Family
0
Businesses
155
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Listed by: Cole Harvey • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2437690