115 1st AvenueRandleWA98377
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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
Investment Highlights
Investment property for sale in Randle at 115 1st Avenue, Randle, WA, 98377 offers a 1.44% rental yield on a $550,000 purchase with $660/mo rent. 51% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 9.28% and total cumulative return in cash at $16,786. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $660/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98377, Randle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 727 (52.7%) |
| Renter Occupied HU | 215 (15.6%) |
| Vacant Housing Units | 438 (31.7%) |
| Median Home Value | $272,500 |
| Average Home Value | $320,922 |
Housing Distribution
Address Breakdown
Residential
568
Single Family
568
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: Maria Andrews • Windermere Northwest Living
Mls Name: NWMLS
Mls ID: #2463739