26500 Seven Mile Rd NDavenportWA99122
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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 Davenport at 26500 Seven Mile Rd N, Davenport, WA, 99122 listed at $449,999 pairs $1,636/mo rent with a $2,203/mo payment. Total monthly income runs $1,636/mo. Return on cash invested measures 11.31% in year one, and rental yield registers 4.36% at a $449,999 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,326 by year five. Five-year ROI tracks 56.48% and total cumulative return in cash totals $84,257. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,636/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1978
22.68 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
1,536
Single Family
1,516
Multi-Family
20
Businesses
169
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Listed by: Edward Springer • eXp Realty, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202515216
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.