920 Castle AvenueWinthropWA98862
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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
Total monthly income runs $2,285/mo, and a $2,100/mo payment. Purchase price stands at $429,000, and rental yield measures 6.39% with $2,285/mo rent. Return on cash invested shows 17.43% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 89.29% and total cumulative return in cash records $126,985. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,285/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
10,001 sqft 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 Lopez-Velasco • Keller Williams Western Realty
Mls Name: NWMLS
Mls ID: #2433832