303 W North StRockfordWA99030
Nearby investment properties with comparable rents
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
Rental property for sale in Rockford at 303 W North St, Rockford, WA, 99030 offers $2,096/mo rent that, after a $1,835/mo payment. Total monthly income is $2,096/mo. Return on cash invested measures 18.39% in year one, and rental yield stands at 6.71% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 94.46% and total cumulative return in cash reaches $117,423. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,096/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99030, Rockford, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 345 (80.0%) |
| Renter Occupied HU | 61 (14.2%) |
| Vacant Housing Units | 25 ( 5.8%) |
| Median Home Value | $640,504 |
| Average Home Value | $661,239 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
322
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Biron • REAL Broker LLC
Mls Name: SMLS
Mls ID: #202524807