618 W King 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
Investment property for sale in Aberdeen at 618 W King Street, Aberdeen, WA, 98520 listed at $199,900 pairs $1,601/mo rent with a $978/mo payment to leave $400/mo cash flow. Total monthly income runs $1,601/mo, and annual cash flow reaches $4,797/yr on $66,267 cash to close. Return on cash invested measures 27.15% in year one, and rental yield registers 9.61% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 141.43% and total cumulative return in cash totals $93,721. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,601/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
5,998 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harley Greninger • Premier Realty Grays Harbor
Mls Name: NWMLS
Mls ID: #2425771