241 Beach StreetPaterosWA98846
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 Pateros at 241 Beach Street, Pateros, WA, 98846 at $289,000 posts ROI 34.22% with $1,142/mo cash flow from $2,880/mo rent. Total monthly income equals $2,880/mo, and annual cash flow records $13,707/yr on $95,804 to close. Return on cash invested measures 34.22% and rental yield reads 11.96% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 179.37% and total cumulative return in cash totals $171,842.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98846, Pateros, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 585 (100%) |
| Owner Occupied HU | 320 (54.7%) |
| Renter Occupied HU | 98 (16.8%) |
| Vacant Housing Units | 167 (28.5%) |
| Median Home Value | $526,718 |
| Average Home Value | $471,930 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
48
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Listed by: Mark C. Miller • Land Company
Mls Name: NWMLS
Mls ID: #2411375