113 Ronge Street NRoyWA98580
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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
Rental property for sale in Roy at 113 Ronge Street N, Roy, WA, 98580 generates $3,286/mo in rent and, after a $2,349/mo payment, leaves $401/mo in cash flow. Total monthly income is $3,286/mo, and annual cash flow is $4,812/yr on $159,120 invested. Return on cash invested sits at 22.93% in year one, and rental yield is 8.22% on a $479,999 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 118.81% and total cumulative return in cash sums $189,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,286/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98580, Roy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,675 (79.2%) |
| Renter Occupied HU | 585 (12.6%) |
| Vacant Housing Units | 381 ( 8.2%) |
| Median Home Value | $638,556 |
| Average Home Value | $730,560 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,425
Multi-Family
22
Businesses
68
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Listed by: Jaime Richeson • Keller Williams Rty Tacoma
Mls Name: NWMLS
Mls ID: #2444861