10624 Handicap Drive SEWardenWA98857
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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 Warden at 10624 Handicap Drive SE, Warden, WA, 98857 offers a 6.66% rental yield on a $399,900 purchase with $2,221/mo rent. 26% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 93.76% and total cumulative return in cash at $124,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,221/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98857, Warden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 823 (59.7%) |
| Renter Occupied HU | 464 (33.6%) |
| Vacant Housing Units | 92 ( 6.7%) |
| Median Home Value | $337,324 |
| Average Home Value | $436,470 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
659
Multi-Family
31
Businesses
77
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Listed by: Cody Lamb • AgencyOne
Mls Name: NWMLS
Mls ID: #2429495