110 Madison StreetRyderwoodWA98581
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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 Ryderwood at 110 Madison Street, Ryderwood, WA, 98581 earns $550/mo cash flow from $1,927/mo rent with a $1,121/mo payment. Total monthly income totals $1,927/mo, and annual cash flow totals $6,603/yr on $75,914 capital. ROI tracks 28.61% on current figures, and rental yield reads 10.1% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 149.28% and total cumulative return in cash sums $113,321. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,927/mo property income instead of your personal income.
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: Meagan Roe • RE/MAX Premier Group
Mls Name: NWMLS
Mls ID: #2430661