304 N Baker StreetWatervilleWA98858
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 Waterville at 304 N Baker Street, Waterville, WA, 98858 earns $564/mo cash flow from $2,427/mo rent with a $1,517/mo payment. Total monthly income totals $2,427/mo, and annual cash flow totals $6,766/yr on $102,765 capital. ROI tracks 26.49% on current figures, and rental yield reads 9.39% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 137.91% and total cumulative return in cash sums $141,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,427/mo property income instead of your personal income.
Manufactured
Built in 1994
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98858, Waterville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 553 (71.9%) |
| Renter Occupied HU | 126 (16.4%) |
| Vacant Housing Units | 90 (11.7%) |
| Median Home Value | $372,642 |
| Average Home Value | $425,402 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Latifa Whitehall • eXp Realty
Mls Name: NWMLS
Mls ID: #2403390