723 Summit AveNorthportWA99157
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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 Northport at 723 Summit Ave, Northport, WA, 99157 earns $412/mo cash flow from $1,764/mo rent with a $1,101/mo payment. Total monthly income totals $1,764/mo, and annual cash flow totals $4,941/yr on $74,588 capital. ROI tracks 26.53% on current figures, and rental yield reads 9.41% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash sums $103,041. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,764/mo property income instead of your personal income.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99157, Northport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 381 (100%) |
| Owner Occupied HU | 238 (62.5%) |
| Renter Occupied HU | 58 (15.2%) |
| Vacant Housing Units | 85 (22.3%) |
| Median Home Value | $333,333 |
| Average Home Value | $358,992 |
Housing Distribution
Address Breakdown
Residential
169
Single Family
169
Multi-Family
0
Businesses
38
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Listed by: JOHN H CORCORAN • WINDERMERE COUNTRYSIDE-NORTHPORT
Mls Name: Northeast Washington AOR
Mls ID: #44473
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.