118 Jolly Mountain DriveRonaldWA98940
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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 Ronald at 118 Jolly Mountain Drive, Ronald, WA, 98940 priced at $489,000 pairs $2,660/mo rent with after a $2,393/mo payment. Total monthly income equals $2,660/mo. Return on cash invested is 17.84% in year one, and rental yield stands at 6.53% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 91.51% and total cumulative return in cash reaches $148,342. For financing, Ziffy Mortgage’s DSCR program evaluates $2,660/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98940, Ronald, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 781 (100%) |
| Owner Occupied HU | 295 (37.8%) |
| Renter Occupied HU | 44 ( 5.6%) |
| Vacant Housing Units | 442 (56.6%) |
| Median Home Value | $840,812 |
| Average Home Value | $909,237 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
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Listed by: Gordon S. Scholl • John L Scott Lake Cle Elum
Mls Name: NWMLS
Mls ID: #2400646