56818 387th Avenue Ct 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 56818 387th Avenue Ct E, Ashford, WA, 98304 offers a 3.79% rental yield on a $990,000 purchase with $3,125/mo rent. 65% in year one. Equity gained on principal adds $6,388/yr while 5% annual appreciation supports $273,519 over five years. Portfolio math shows five-year ROI at 47.54% and total cumulative return in cash at $154,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,125/mo property income against a $4,846/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
1.03 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: Sheryl Wingate • Redfin
Mls Name: NWMLS
Mls ID: #2443481