709 W 2nd StreetAberdeenWA98520
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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 Aberdeen at 709 W 2nd Street, Aberdeen, WA, 98520 uses $77,903 cash to close to unlock $10,759/yr annual cash flow and $897/mo monthly cash flow. Total monthly income runs $2,309/mo, and a $1,150/mo payment keeps the spread at $897/mo. Purchase price stands at $235,000, and rental yield measures 11.79% with $2,309/mo rent. Return on cash invested shows 33.72% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 176.69% and total cumulative return in cash records $137,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,309/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1918
6,499 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
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Listed by: Abbey Childers • eXp Realty
Mls Name: NWMLS
Mls ID: #2429100