8 Fairgrounds RoadSkamokawaWA98647
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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 Skamokawa at 8 Fairgrounds Road, Skamokawa, WA, 98647 priced at $545,000 pairs $1,469/mo rent with after a $2,668/mo payment. Total monthly income equals $1,469/mo. Return on cash invested is 7.96% in year one, and rental yield stands at 3.23% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 38.53% and total cumulative return in cash reaches $69,084. For financing, Ziffy Mortgage’s DSCR program evaluates $1,469/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1931
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98647, Skamokawa, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 148 (67.9%) |
| Renter Occupied HU | 27 (12.4%) |
| Vacant Housing Units | 43 (19.7%) |
| Median Home Value | $417,073 |
| Average Home Value | $465,743 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
135
Multi-Family
2
Businesses
17
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Listed by: Beth Kelly • Wahkiakum Realty LLC
Mls Name: NWMLS
Mls ID: #2451956