608 W Scott StreetAberdeenWA98520
Nearby investment properties with comparable rents
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 Aberdeen at 608 W Scott Street, Aberdeen, WA, 98520 priced at $184,900 pairs $1,398/mo rent with $287/mo cash flow after a $905/mo payment. Total monthly income equals $1,398/mo, and annual cash flow comes to $3,438/yr on $61,294 invested. Return on cash invested is 25.52% in year one, and rental yield stands at 9.07% on a $184,900 basis. Equity gained on principal adds $1,193/yr, and 5% annual appreciation accumulates to $51,084 by year five. Five-year ROI measures 132.73% and total cumulative return in cash reaches $81,355. For financing, Ziffy Mortgage’s DSCR program evaluates $1,398/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98520, Aberdeen, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,800 (100%) |
| Owner Occupied HU | 5,757 (58.7%) |
| Renter Occupied HU | 3,108 (31.7%) |
| Vacant Housing Units | 935 ( 9.5%) |
| Median Home Value | $316,172 |
| Average Home Value | $373,273 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
7,870
Multi-Family
661
Businesses
873
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Listed by: Eric Pucci • RE/MAX Premier Group
Mls Name: NWMLS
Mls ID: #2462906