42985 Miles Creston Rd NDavenportWA99122
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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 Davenport at 42985 Miles Creston Rd N, Davenport, WA, 99122 offers a 11.31% rental yield on a $355,000 purchase with $3,347/mo rent. Total monthly income registers $3,347/mo, and a $1,738/mo payment leaves $1,213/mo available for distribution. Annual cash flow reaches $14,551/yr on $117,683 to close, and return on cash invested stands at 32.27% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 168.92% and total cumulative return in cash at $198,792. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,347/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
3 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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Nearby investment properties with comparable prices
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