304 Monroe Street SSouth BendWA98586
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
Investment property for sale in South Bend at 304 Monroe Street S, South Bend, WA, 98586 at $410,000 posts ROI 21.71% with $204/mo cash flow from $2,669/mo rent. Total monthly income equals $2,669/mo, and annual cash flow records $2,450/yr on $135,915 to close. Return on cash invested measures 21.71% and rental yield reads 7.81% at the current $410,000. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 by year five. Five-year ROI prints 112.3% and total cumulative return in cash totals $152,627.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,669/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98586, South Bend, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 712 (63.2%) |
| Renter Occupied HU | 250 (22.2%) |
| Vacant Housing Units | 165 (14.6%) |
| Median Home Value | $302,618 |
| Average Home Value | $313,799 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
182
Multi-Family
0
Businesses
108
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Nearby investment properties with comparable prices
Listed by: Melanie Seiler • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2418302