55 Devonshire RoadMontesanoWA98563
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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 Montesano at 55 Devonshire Road, Montesano, WA, 98563 uses $106,047 cash to close to unlock $10,845/yr annual cash flow and $904/mo monthly cash flow. Total monthly income runs $2,827/mo, and a $1,566/mo payment keeps the spread at $904/mo. Purchase price stands at $319,900, and rental yield measures 10.6% with $2,827/mo rent. Return on cash invested shows 30.14% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 157.44% and total cumulative return in cash records $166,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,827/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1925
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98563, Montesano, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,711 (72.4%) |
| Renter Occupied HU | 770 (20.5%) |
| Vacant Housing Units | 266 ( 7.1%) |
| Median Home Value | $428,081 |
| Average Home Value | $456,402 |
Housing Distribution
Address Breakdown
Residential
3,408
Single Family
3,350
Multi-Family
58
Businesses
278
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Listed by: Harley Greninger • Premier Realty Grays Harbor
Mls Name: NWMLS
Mls ID: #2425644