317 Harrison AvenueCentraliaWA98531
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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 Centralia at 317 Harrison Avenue, Centralia, WA, 98531 priced at $430,000 pairs $3,083/mo rent with $498/mo cash flow after a $2,105/mo payment. Total monthly income equals $3,083/mo, and annual cash flow comes to $5,974/yr on $142,545 invested. Return on cash invested is 24.1% in year one, and rental yield stands at 8.6% on a $430,000 basis. Equity gained on principal adds $2,775/yr, and 5% annual appreciation accumulates to $118,801 by year five. Five-year ROI measures 125.08% and total cumulative return in cash reaches $178,299. For financing, Ziffy Mortgage’s DSCR program evaluates $3,083/mo property income against a $2,105/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98531, Centralia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,057 (100%) |
| Owner Occupied HU | 6,565 (59.4%) |
| Renter Occupied HU | 3,939 (35.6%) |
| Vacant Housing Units | 553 ( 5.0%) |
| Median Home Value | $437,223 |
| Average Home Value | $476,127 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
9,930
Multi-Family
574
Businesses
1,024
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Listed by: Bryan Castro • eXp Realty
Mls Name: NWMLS
Mls ID: #2459396