56115 Kernahan Road EAshfordWA98304
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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 Ashford at 56115 Kernahan Road E, Ashford, WA, 98304 uses $99,433 cash to close to unlock $2,293/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,994/mo, and a $1,468/mo payment keeps the spread at $191/mo. Purchase price stands at $299,950, and rental yield measures 7.98% with $1,994/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $82,871 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash records $114,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,994/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98304, Ashford, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 294 (44.9%) |
| Renter Occupied HU | 67 (10.2%) |
| Vacant Housing Units | 294 (44.9%) |
| Median Home Value | $526,846 |
| Average Home Value | $511,378 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
28
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Listed by: Robert Stoeck • Redfin
Mls Name: NWMLS
Mls ID: #2459016