501 Pagget AvenueWinlockWA98596
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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 Winlock at 501 Pagget Avenue, Winlock, WA, 98596 priced at $484,900 converts $2,906/mo rent into after a $2,373/mo obligation. Total monthly income equals $2,906/mo. Return on cash invested prints 19.85% in year one, and rental yield reads 7.19% against a $484,900 entry. Equity gained on principal adds $3,129/yr, while 5% annual appreciation compiles into $133,969 by year five. Five-year ROI reaches 102.28% and total cumulative return in cash sums $164,407. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,906/mo property income covering a $2,373/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98596, Winlock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,082 (100%) |
| Owner Occupied HU | 2,414 (78.3%) |
| Renter Occupied HU | 506 (16.4%) |
| Vacant Housing Units | 162 ( 5.3%) |
| Median Home Value | $517,834 |
| Average Home Value | $594,268 |
Housing Distribution
Address Breakdown
Residential
2,711
Single Family
2,688
Multi-Family
23
Businesses
102
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Listed by: Melanie Seiler • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2388929