404 W Marcy AvenueMontesanoWA98563
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 Montesano at 404 W Marcy Avenue, Montesano, WA, 98563 offers $3,736/mo rent that, after a $3,157/mo payment. Total monthly income is $3,736/mo. Return on cash invested measures 19.26% in year one, and rental yield stands at 6.95% at a $645,000 entry. Equity gained on principal adds $4,162/yr while 5% annual appreciation compounds into $178,202 by year five. Five-year ROI records 99.1% and total cumulative return in cash reaches $210,292. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,736/mo property income versus a $3,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98563, Montesano, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,711 (72.4%) |
| Renter Occupied HU | 770 (20.5%) |
| Vacant Housing Units | 266 ( 7.1%) |
| Median Home Value | $428,081 |
| Average Home Value | $456,402 |
Housing Distribution
Address Breakdown
Residential
3,408
Single Family
3,350
Multi-Family
58
Businesses
278
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Listed by: Lisa Ulakovich • Spivey Realty Group, LLC
Mls Name: NWMLS
Mls ID: #2392865