823 W Market StreetAberdeenWA98520
Nearby investment properties with comparable rents
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 Aberdeen at 823 W Market Street, Aberdeen, WA, 98520 uses $41,438 cash to close to unlock $2,909/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $994/mo, and a $612/mo payment keeps the spread at $242/mo. Purchase price stands at $125,000, and rental yield measures 9.54% with $994/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 140.35% and total cumulative return in cash records $58,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $994/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1902
3,750 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaylan Forbis • Spivey Realty Group, LLC
Mls Name: NWMLS
Mls ID: #2416466