513 S Union AveNewportWA99156
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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 Newport at 513 S Union Ave, Newport, WA, 99156 uses $104,423 cash to close to unlock $891/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $1,968/mo, and a $1,542/mo payment keeps the spread at $74/mo. Purchase price stands at $315,000, and rental yield measures 7.5% with $1,968/mo rent. Return on cash invested shows 20.76% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 107.21% and total cumulative return in cash records $111,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,968/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99156, Newport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,995 (100%) |
| Owner Occupied HU | 2,913 (58.3%) |
| Renter Occupied HU | 805 (16.1%) |
| Vacant Housing Units | 1,277 (25.6%) |
| Median Home Value | $471,257 |
| Average Home Value | $500,637 |
Housing Distribution
Address Breakdown
Residential
3,215
Single Family
3,055
Multi-Family
160
Businesses
280
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Listed by: Susan Evans • Amplify Real Estate Services
Mls Name: SMLS
Mls ID: #202526184