718 W 1st StNewportWA99156
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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 718 W 1st St, Newport, WA, 99156 uses $107,738 cash to close to unlock $2,473/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,591/mo payment keeps the spread at $206/mo. Purchase price stands at $325,000, and rental yield measures 7.98% with $2,160/mo rent. Return on cash invested shows 22.2% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 114.97% and total cumulative return in cash records $123,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
9,147 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: Danny Pontius • RE/MAX Citibrokers
Mls Name: SMLS
Mls ID: #202610479