505 Beach StreetPaterosWA98846
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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 Pateros at 505 Beach Street, Pateros, WA, 98846 priced at $650,000 pairs $2,161/mo rent with after a $3,181/mo payment. Total monthly income equals $2,161/mo. Return on cash invested is 10.26% in year one, and rental yield stands at 3.99% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 50.87% and total cumulative return in cash reaches $108,782. For financing, Ziffy Mortgage’s DSCR program evaluates $2,161/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98846, Pateros, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 585 (100%) |
| Owner Occupied HU | 320 (54.7%) |
| Renter Occupied HU | 98 (16.8%) |
| Vacant Housing Units | 167 (28.5%) |
| Median Home Value | $526,718 |
| Average Home Value | $471,930 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
48
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Listed by: Kory R. Heindselman • RE/MAX Welcome Home
Mls Name: NWMLS
Mls ID: #2464049