424 S Central AvenueWatervilleWA98858
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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 Waterville at 424 S Central Avenue, Waterville, WA, 98858 with 5% annual appreciation on a $349,500 basis while $1,873/mo rent supports operations. 54% in year one. Equity gained on principal adds $2,255/yr, and five-year appreciation sums $96,560 alongside rental yield of 6.43%. Five-year ROI measures 89.93% and total cumulative return in cash totals $104,197. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,873/mo property income versus a $1,711/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2006
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98858, Waterville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 553 (71.9%) |
| Renter Occupied HU | 126 (16.4%) |
| Vacant Housing Units | 90 (11.7%) |
| Median Home Value | $372,642 |
| Average Home Value | $425,402 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
81
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Listed by: Latifa Whitehall • eXp Realty
Mls Name: NWMLS
Mls ID: #2471221