603 N Church StreetMontesanoWA98563
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Nearby investment properties with comparable prices
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
Rental property for sale in Montesano at 603 N Church Street, Montesano, WA, 98563 priced at $315,000 pairs $1,922/mo rent with $28/mo cash flow after a $1,542/mo payment. Total monthly income equals $1,922/mo, and annual cash flow comes to $339/yr on $104,423 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 7.32% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 104.38% and total cumulative return in cash reaches $109,001. For financing, Ziffy Mortgage’s DSCR program evaluates $1,922/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
5,998 sqft 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: David Dagnen • Windermere RE/Aberdeen
Mls Name: NWMLS
Mls ID: #2465832