29 Little Island LaneCathlametWA98612
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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 Cathlamet at 29 Little Island Lane, Cathlamet, WA, 98612 at $470,000 posts ROI 16.69% with from $2,407/mo rent. Total monthly income equals $2,407/mo. Return on cash invested measures 16.69% and rental yield reads 6.15% at the current $470,000. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 by year five. Five-year ROI prints 85.37% and total cumulative return in cash totals $133,005. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,407/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98612, Cathlamet, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 1,213 (74.3%) |
| Renter Occupied HU | 251 (15.4%) |
| Vacant Housing Units | 168 (10.3%) |
| Median Home Value | $464,655 |
| Average Home Value | $475,185 |
Housing Distribution
Address Breakdown
Residential
1,288
Single Family
1,271
Multi-Family
17
Businesses
125
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Listed by: Amy E Asivido • Keller Williams-Premier Prtnrs
Mls Name: NWMLS
Mls ID: #2448822