703 S Broadway StreetWestportWA98595
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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
Rental property for sale in Westport at 703 S Broadway Street, Westport, WA, 98595 priced at $449,000 pairs $3,480/mo rent with $781/mo cash flow after a $2,198/mo payment. Total monthly income equals $3,480/mo, and annual cash flow comes to $9,367/yr on $148,844 invested. Return on cash invested is 26.2% in year one, and rental yield stands at 9.3% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 136.36% and total cumulative return in cash reaches $202,960. For financing, Ziffy Mortgage’s DSCR program evaluates $3,480/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98595, Westport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 944 (45.8%) |
| Renter Occupied HU | 504 (24.5%) |
| Vacant Housing Units | 612 (29.7%) |
| Median Home Value | $357,736 |
| Average Home Value | $376,144 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
377
Multi-Family
0
Businesses
127
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Listed by: Jasmin Coleman • Oyhut Bay Realty
Mls Name: NWMLS
Mls ID: #2413085