113 Whites LaneGlenomaWA98336
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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 Glenoma at 113 Whites Lane, Glenoma, WA, 98336 generates $1,780/mo in rent and, after a $1,415/mo payment, leaves $42/mo in cash flow. Total monthly income is $1,780/mo, and annual cash flow is $507/yr on $95,804 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 7.39% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 105.49% and total cumulative return in cash sums $101,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,780/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
5.02 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
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Listed by: Deirdre Kiest • CENTURY 21 Lund, Realtors
Mls Name: NWMLS
Mls ID: #2420139