52839 Railroad AvenueRockportWA98283
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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 Rockport at 52839 Railroad Avenue, Rockport, WA, 98283 listed at $679,000 pairs $3,451/mo rent with a $3,323/mo payment. Total monthly income runs $3,451/mo. Return on cash invested measures 16.67% in year one, and rental yield registers 6.1% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 85.23% and total cumulative return in cash totals $190,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,451/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98283, Rockport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 167 (52.2%) |
| Renter Occupied HU | 44 (13.7%) |
| Vacant Housing Units | 109 (34.1%) |
| Median Home Value | $282,500 |
| Average Home Value | $274,805 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
125
Multi-Family
21
Businesses
18
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Listed by: Glenn Jones • CENTURY 21 North Homes Realty
Mls Name: NWMLS
Mls ID: #2400718