450 Cedar StToledoWA98591
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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
Rental property for sale in Toledo at 450 Cedar St, Toledo, WA, 98591 priced at $339,000 pairs $1,895/mo rent with after a $1,659/mo payment. Total monthly income equals $1,895/mo. Return on cash invested is 18.39% in year one, and rental yield stands at 6.71% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 94.46% and total cumulative return in cash reaches $106,156. For financing, Ziffy Mortgage’s DSCR program evaluates $1,895/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
6,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98591, Toledo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,445 (74.8%) |
| Renter Occupied HU | 311 (16.1%) |
| Vacant Housing Units | 175 ( 9.1%) |
| Median Home Value | $590,054 |
| Average Home Value | $603,114 |
Housing Distribution
Address Breakdown
Residential
1,292
Single Family
1,273
Multi-Family
19
Businesses
117
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Listed by: Katie Moore • John L. Scott CNT
Mls Name: NWMLS
Mls ID: #2427597