103 Madison StreetRyderwoodWA98581
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 Ryderwood at 103 Madison Street, Ryderwood, WA, 98581 at $289,900 posts ROI 22.02% with $169/mo cash flow from $1,912/mo rent. Total monthly income equals $1,912/mo, and annual cash flow records $2,031/yr on $96,102 to close. Return on cash invested measures 22.02% and rental yield reads 7.91% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 113.98% and total cumulative return in cash totals $109,533.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,912/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98581, Ryderwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 261 (83.4%) |
| Renter Occupied HU | 23 ( 7.3%) |
| Vacant Housing Units | 29 ( 9.3%) |
| Median Home Value | $261,000 |
| Average Home Value | $316,609 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
6
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Listed by: Chad Earhart • Windermere Northwest Living
Mls Name: NWMLS
Mls ID: #2371210