114 Mason RoadSilverlakeWA98645
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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 Silverlake at 114 Mason Road, Silverlake, WA, 98645 with 5% annual appreciation on a $484,900 basis while $2,657/mo rent supports operations. 99% in year one. Equity gained on principal adds $3,129/yr, and five-year appreciation sums $133,969 alongside rental yield of 6.58%. Five-year ROI measures 92.3% and total cumulative return in cash totals $148,375. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,657/mo property income versus a $2,373/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98645, Silverlake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 861 (100%) |
| Owner Occupied HU | 696 (80.8%) |
| Renter Occupied HU | 101 (11.7%) |
| Vacant Housing Units | 64 ( 7.4%) |
| Median Home Value | $525,862 |
| Average Home Value | $568,926 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
673
Multi-Family
0
Businesses
5
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Listed by: Susan Wood • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2427043