11605 237th Avenue Ct EBuckleyWA98321
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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 Buckley at 11605 237th Avenue Ct E, Buckley, WA, 98321 generates $1,193/mo in rent and, after a $729/mo payment, leaves $298/mo in cash flow. Total monthly income is $1,193/mo, and annual cash flow is $3,571/yr on $49,394 invested. Return on cash invested sits at 27.14% in year one, and rental yield is 9.61% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash sums $69,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,193/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98321, Buckley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,944 (100%) |
| Owner Occupied HU | 5,759 (82.9%) |
| Renter Occupied HU | 942 (13.6%) |
| Vacant Housing Units | 243 ( 3.5%) |
| Median Home Value | $656,063 |
| Average Home Value | $705,078 |
Housing Distribution
Address Breakdown
Residential
5,344
Single Family
5,344
Multi-Family
0
Businesses
331
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Listed by: Maray Borrego • RE/MAX Eastside Brokers, Inc.
Mls Name: NWMLS
Mls ID: #2443349