270 NE Wisteria WayStevensonWA98648
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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 Stevenson at 270 NE Wisteria Way, Stevenson, WA, 98648 offers $3,120/mo rent that, after a $3,304/mo payment. Total monthly income is $3,120/mo. Return on cash invested measures 14.99% in year one, and rental yield stands at 5.55% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 76.22% and total cumulative return in cash reaches $169,263. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,120/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98648, Stevenson, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,045 (100%) |
| Owner Occupied HU | 1,001 (48.9%) |
| Renter Occupied HU | 404 (19.8%) |
| Vacant Housing Units | 640 (31.3%) |
| Median Home Value | $501,576 |
| Average Home Value | $612,378 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
821
Multi-Family
30
Businesses
135
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Listed by: Penny Edlund • Windermere CRG
Mls Name: RMLS (OR)
Mls ID: #233156445