401 4th StDavenportWA99122
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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
Total monthly income runs $1,014/mo, and a $2,447/mo payment. Purchase price stands at $499,999, and rental yield measures 2.43% with $1,014/mo rent. Return on cash invested shows 5.49% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 25.29% and total cumulative return in cash records $41,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,014/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99122, Davenport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,394 (59.2%) |
| Renter Occupied HU | 315 (13.4%) |
| Vacant Housing Units | 644 (27.4%) |
| Median Home Value | $365,152 |
| Average Home Value | $409,127 |
Housing Distribution
Address Breakdown
Residential
1,536
Single Family
1,516
Multi-Family
20
Businesses
169
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Listed by: Kimberly Dailey • John L Scott, Inc.
Mls Name: SMLS
Mls ID: #202610183