251 N Second StreetToledoWA98591
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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
Investment property for sale in Toledo at 251 N Second Street, Toledo, WA, 98591 earns $42/mo cash flow from $2,446/mo rent with a $1,957/mo payment. Total monthly income totals $2,446/mo, and annual cash flow totals $509/yr on $132,567 capital. ROI tracks 20.29% on current figures, and rental yield reads 7.34% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 104.68% and total cumulative return in cash sums $138,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,446/mo property income instead of your personal income.
Single Family
Built in 1915
4,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98591, Toledo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,445 (74.8%) |
| Renter Occupied HU | 311 (16.1%) |
| Vacant Housing Units | 175 ( 9.1%) |
| Median Home Value | $590,054 |
| Average Home Value | $603,114 |
Housing Distribution
Address Breakdown
Residential
1,292
Single Family
1,273
Multi-Family
19
Businesses
117
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Listed by: Mariyah Morrison • Oak & Stone Realty Group LLC
Mls Name: NWMLS
Mls ID: #2458983