404 W Franklin StBingenWA98605
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 404 W Franklin St, Bingen, WA, 98605 in Bingen deserves attention. This $188,200 property earns $2,740/mo in rent, a 17.47% gross yield, and nets $1,604/mo after the $846/mo payment. DSCR 3.24 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $51,996 compounds alongside $1,733/yr in yearly equity build, for a total cumulative return of $174,516.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 17.5% | 6.2% |
| Monthly Cash Flow | $1,604 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,740 |
| Total Monthly Debt Service | $1,061 |
| DSCR Ratio | 2.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98605, Bingen, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 336 (60.0%) |
| Renter Occupied HU | 152 (27.1%) |
| Vacant Housing Units | 72 (12.9%) |
| Median Home Value | $666,667 |
| Average Home Value | $674,940 |
Housing Distribution
Address Breakdown
Residential
172
Single Family
172
Multi-Family
0
Businesses
89
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98605, Bingen, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 336 (60.0%) |
| Renter Occupied HU | 152 (27.1%) |
| Vacant Housing Units | 72 (12.9%) |
| Median Home Value | $666,667 |
| Average Home Value | $674,940 |
Housing Distribution
Address Breakdown
Residential
172
Single Family
172
Multi-Family
0
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A