617 W Cushing StAberdeenWA98520
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 617 W Cushing St, Aberdeen, WA, 98520 priced at $268,900 converts $2,272/mo rent into $656/mo cash flow after a $1,316/mo obligation. Total monthly income equals $2,272/mo, and annual cash flow totals $7,869/yr on $89,140 invested. Return on cash invested prints 28.74% in year one, and rental yield reads 10.14% against a $268,900 entry. Equity gained on principal adds $1,735/yr, while 5% annual appreciation compiles into $74,292 by year five. Five-year ROI reaches 149.96% and total cumulative return in cash sums $133,672. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,272/mo property income covering a $1,316/mo payment, not borrower’s personal income.
Single Family
Built in 1930
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: NOT APPLICABLE • N/A
Mls Name: Hubzu
Mls ID: #94317602537AUCN3