54595 Conrad Road, Rockport, WA, 98283 | 6.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rockport at 54595 Conrad Road, Rockport, WA, 98283 offers a 6.11% rental yield on a $549,999 purchase with $2,802/mo rent. 72% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 85.45% and total cumulative return in cash at $154,629. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,802/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1949

1.16 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