2947 S White Salmon DriveRidgefieldWA98642
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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 Ridgefield at 2947 S White Salmon Drive, Ridgefield, WA, 98642 listed at $734,800 pairs $3,473/mo rent with a $3,596/mo payment. Total monthly income runs $3,473/mo. Return on cash invested measures 14.93% in year one, and rental yield registers 5.67% at a $734,800 basis. Equity gained on principal adds $4,742/yr, and annual property appreciation at 5% supports $203,012 by year five. Five-year ROI tracks 76.06% and total cumulative return in cash totals $183,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,473/mo property income relative to a $3,596/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
7,026 sqft lot
$N/A/sqft
$89 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98642, Ridgefield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,339 (100%) |
| Owner Occupied HU | 8,840 (78.0%) |
| Renter Occupied HU | 1,988 (17.5%) |
| Vacant Housing Units | 511 ( 4.5%) |
| Median Home Value | $712,963 |
| Average Home Value | $782,774 |
Housing Distribution
Address Breakdown
Residential
10,575
Single Family
10,024
Multi-Family
551
Businesses
419
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Listed by: Joan Mezzanatto • John L. Scott, Inc. Vancouver
Mls Name: NWMLS
Mls Provider:
Mls ID: #2357951
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)