319 N Fea AveNewportWA99156
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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
Investment property for sale in Newport at 319 N Fea Ave, Newport, WA, 99156 listed at $319,900 pairs $2,160/mo rent with a $1,566/mo payment to leave $237/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $2,841/yr on $106,047 cash to close. Return on cash invested measures 22.59% in year one, and rental yield registers 8.1% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 116.99% and total cumulative return in cash totals $124,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99156, Newport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,995 (100%) |
| Owner Occupied HU | 2,913 (58.3%) |
| Renter Occupied HU | 805 (16.1%) |
| Vacant Housing Units | 1,277 (25.6%) |
| Median Home Value | $471,257 |
| Average Home Value | $500,637 |
Housing Distribution
Address Breakdown
Residential
3,215
Single Family
3,055
Multi-Family
160
Businesses
280
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Listed by: Alisha Krause • Professional Realty Services
Mls Name: SMLS
Mls ID: #202523026