518 3rd AveDallesportWA98617
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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 Dallesport at 518 3rd Ave, Dallesport, WA, 98617 generates $2,160/mo in rent, after a $2,437/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 13.85% in year one, and rental yield is 5.2% on a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation builds toward $137,588 over five years. Five-year ROI reaches 70.13% and total cumulative return in cash sums $115,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98617, Dallesport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 549 (100%) |
| Owner Occupied HU | 400 (72.9%) |
| Renter Occupied HU | 116 (21.1%) |
| Vacant Housing Units | 33 ( 6.0%) |
| Median Home Value | $375,510 |
| Average Home Value | $649,988 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
38
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Listed by: Lacy Carse • Premiere Property Group LLC
Mls Name: RMLS (OR)
Mls ID: #125992443