404 W Franklin StBingenWA98605
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
Rental property for sale in Bingen at 404 W Franklin St, Bingen, WA, 98605 offers $2,740/mo rent that, after a $921/mo payment, leaves $1,604/mo cash flow. Total monthly income is $2,740/mo, and annual cash flow is $19,251/yr on $62,388 cash. Return on cash invested measures 50.77% in year one, and rental yield stands at 17.47% at a $188,200 entry. Equity gained on principal adds $1,214/yr while 5% annual appreciation compounds into $51,996 by year five. Five-year ROI records 268.16% and total cumulative return in cash reaches $167,303. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,740/mo property income versus a $921/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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