651 Sacheen Terrace DrNewportWA99156
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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 Newport at 651 Sacheen Terrace Dr, Newport, WA, 99156 with 5% annual appreciation on a $925,000 basis while $2,821/mo rent supports operations. 26% in year one. Equity gained on principal adds $5,969/yr, and five-year appreciation sums $255,560 alongside rental yield of 3.66%. Five-year ROI measures 45.48% and total cumulative return in cash totals $138,409. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,821/mo property income versus a $4,527/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99156, Newport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,995 (100%) |
| Owner Occupied HU | 2,913 (58.3%) |
| Renter Occupied HU | 805 (16.1%) |
| Vacant Housing Units | 1,277 (25.6%) |
| Median Home Value | $471,257 |
| Average Home Value | $500,637 |
Housing Distribution
Address Breakdown
Residential
3,215
Single Family
3,055
Multi-Family
160
Businesses
280
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Listed by: Isaac Lanctot • Heart and Homes NW Realty
Mls Name: SMLS
Mls ID: #202525053