80 Homestead RoadWinthropWA98862
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Nearby investment properties with comparable prices
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 Winthrop at 80 Homestead Road, Winthrop, WA, 98862 offers a 6.19% rental yield on a $565,000 purchase with $2,916/mo rent. 96% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 86.79% and total cumulative return in cash at $161,331. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,916/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98862, Winthrop, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,053 (50.9%) |
| Renter Occupied HU | 227 (11.0%) |
| Vacant Housing Units | 790 (38.2%) |
| Median Home Value | $670,405 |
| Average Home Value | $751,852 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
192
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Listed by: Brian L. Colin • Mountain to River Realty LLC
Mls Name: NWMLS
Mls ID: #2461459