602 Cardinal AvenueWinlockWA98596
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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 Winlock at 602 Cardinal Avenue, Winlock, WA, 98596 earns from $2,700/mo rent with a $2,251/mo payment. Total monthly income totals $2,700/mo. ROI tracks 19.4% on current figures, and rental yield reads 7.04% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 99.89% and total cumulative return in cash sums $152,329. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,700/mo property income instead of your personal income.
Single Family
Built in 2022
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98596, Winlock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,082 (100%) |
| Owner Occupied HU | 2,414 (78.3%) |
| Renter Occupied HU | 506 (16.4%) |
| Vacant Housing Units | 162 ( 5.3%) |
| Median Home Value | $517,834 |
| Average Home Value | $594,268 |
Housing Distribution
Address Breakdown
Residential
2,711
Single Family
2,688
Multi-Family
23
Businesses
102
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Listed by: Tracy Jean Lindsey • eXp Realty
Mls Name: NWMLS
Mls ID: #2424424