704 N 3rd 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 704 N 3rd Street, Westport, WA, 98595 generates $2,880/mo in rent and, after a $1,317/mo payment, leaves $1,263/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $15,150/yr on $89,206 invested. Return on cash invested sits at 36.89% in year one, and rental yield is 12.84% on a $269,099 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,347 over five years. Five-year ROI reaches 193.7% and total cumulative return in cash sums $172,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,399 sqft 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: Chris C. Nye • MLS4owners.com
Mls Name: NWMLS
Mls ID: #2386504