115 Horseshoe LaneRandleWA98377
Nearby investment properties with comparable rents
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 Horseshoe Lane, Randle, WA, 98377 listed at $469,900 pairs $2,449/mo rent with a $2,300/mo payment. Total monthly income runs $2,449/mo. Return on cash invested measures 17.01% in year one, and rental yield registers 6.25% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 87.1% and total cumulative return in cash totals $135,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,449/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2025
5 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: Melissa Clark • CENTURY 21 Lund, Realtors
Mls Name: NWMLS
Mls ID: #2425730