11607 N Sheridan StMeadWA99021
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
Total monthly income runs $1,525/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 3.7% with $1,525/mo rent. Return on cash invested shows 9.3% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 45.73% and total cumulative return in cash records $75,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,525/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99021, Mead, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,826 (100%) |
| Owner Occupied HU | 3,359 (87.8%) |
| Renter Occupied HU | 340 ( 8.9%) |
| Vacant Housing Units | 127 ( 3.3%) |
| Median Home Value | $488,581 |
| Average Home Value | $563,364 |
Housing Distribution
Address Breakdown
Residential
3,526
Single Family
3,526
Multi-Family
0
Businesses
249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francesca Baier • First Look Real Estate
Mls Name: SMLS
Mls Provider:
Mls ID: #202519279
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.