1024 State Route 6RaymondWA98577
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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 Raymond at 1024 State Route 6, Raymond, WA, 98577 listed at $165,000 pairs $1,279/mo rent with a $808/mo payment to leave $287/mo cash flow. Total monthly income runs $1,279/mo, and annual cash flow reaches $3,441/yr on $54,698 cash to close. Return on cash invested measures 26.2% in year one, and rental yield registers 9.3% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 136.37% and total cumulative return in cash totals $74,591. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,279/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98577, Raymond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,161 (100%) |
| Owner Occupied HU | 2,220 (70.2%) |
| Renter Occupied HU | 667 (21.1%) |
| Vacant Housing Units | 274 ( 8.7%) |
| Median Home Value | $282,292 |
| Average Home Value | $324,725 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,496
Multi-Family
184
Businesses
212
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Listed by: Heidi J. Keller • The Harbor Realty, LLC
Mls Name: NWMLS
Mls ID: #2377423