110 Madison StreetRyderwoodWA98581
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 110 Madison Street, Ryderwood, WA, 98581 in Ryderwood deserves attention. This $229,000 property earns $1,927/mo in rent, a 10.1% gross yield, and nets $551/mo after the $1,030/mo payment. DSCR 1.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $63,268 compounds alongside $2,109/yr in yearly equity build, for a total cumulative return of $122,082.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $551 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,927 |
| Total Monthly Debt Service | $1,285 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meagan Roe • RE/MAX Premier Group
Mls Name: NWMLS
Mls ID: #2430661