5734 Austin PlaceRock IslandWA98850
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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 Rock Island at 5734 Austin Place, Rock Island, WA, 98850 offers a 3.95% rental yield on a $875,000 purchase with $2,880/mo rent. 14% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 50.18% and total cumulative return in cash at $144,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98850, Rock Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 903 (100%) |
| Owner Occupied HU | 574 (63.6%) |
| Renter Occupied HU | 201 (22.3%) |
| Vacant Housing Units | 128 (14.2%) |
| Median Home Value | $424,490 |
| Average Home Value | $478,580 |
Housing Distribution
Address Breakdown
Residential
581
Single Family
581
Multi-Family
0
Businesses
34
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Listed by: Carol Kavanaugh • Kavanaugh Real Estate LLC
Mls Name: NWMLS
Mls ID: #2401866