108 Redfern LaneGlenomaWA98336
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 Glenoma at 108 Redfern Lane, Glenoma, WA, 98336 at $325,000 posts ROI 22.53% with $235/mo cash flow from $2,189/mo rent. Total monthly income equals $2,189/mo, and annual cash flow records $2,821/yr on $107,738 to close. Return on cash invested measures 22.53% and rental yield reads 8.08% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 116.7% and total cumulative return in cash totals $125,725.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,189/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2018
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98336, Glenoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 533 (100%) |
| Owner Occupied HU | 397 (74.5%) |
| Renter Occupied HU | 93 (17.4%) |
| Vacant Housing Units | 43 ( 8.1%) |
| Median Home Value | $474,528 |
| Average Home Value | $432,632 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deirdre Kiest • Four-U Realty Inc
Mls Name: NWMLS
Mls ID: #2433503