104 Ridge View DriveRandleWA98377
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
Rental property for sale in Randle at 104 Ridge View Drive, Randle, WA, 98377 generates $660/mo in rent, after a $2,349/mo payment. Total monthly income is $660/mo. Return on cash invested sits at 3.13% in year one, and rental yield is 1.65% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 12.61% and total cumulative return in cash sums $20,069. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $660/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
2.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98377, Randle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 727 (52.7%) |
| Renter Occupied HU | 215 (15.6%) |
| Vacant Housing Units | 438 (31.7%) |
| Median Home Value | $272,500 |
| Average Home Value | $320,922 |
Housing Distribution
Address Breakdown
Residential
568
Single Family
568
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Virago • Keller Williams Realty
Mls Name: NWMLS
Mls ID: #2369041