31116 553rd St EAshfordWA98304
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 Ashford at 31116 553rd St E, Ashford, WA, 98304 offers a 11.61% rental yield on a $287,800 purchase with $2,785/mo rent. Total monthly income registers $2,785/mo, and a $1,409/mo payment leaves $1,055/mo available for distribution. Annual cash flow reaches $12,655/yr on $95,406 to close, and return on cash invested stands at 33.17% in year one. Equity gained on principal adds $1,857/yr while 5% annual appreciation supports $79,514 over five years. Portfolio math shows five-year ROI at 173.75% and total cumulative return in cash at $165,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,785/mo property income against a $1,409/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98304, Ashford, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 294 (44.9%) |
| Renter Occupied HU | 67 (10.2%) |
| Vacant Housing Units | 294 (44.9%) |
| Median Home Value | $526,846 |
| Average Home Value | $511,378 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices NW
Mls Provider:
Mls ID: #NWM2213410