120 Electric BoulevardElectric CityWA99123
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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 Electric City at 120 Electric Boulevard, Electric City, WA, 99123 priced at $460,000 pairs $2,234/mo rent with after a $2,251/mo payment. Total monthly income equals $2,234/mo. Return on cash invested is 15.73% in year one, and rental yield stands at 5.83% on a $460,000 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,090 by year five. Five-year ROI measures 80.23% and total cumulative return in cash reaches $122,341. For financing, Ziffy Mortgage’s DSCR program evaluates $2,234/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99123, Electric City, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 481 (100%) |
| Owner Occupied HU | 328 (68.2%) |
| Renter Occupied HU | 93 (19.3%) |
| Vacant Housing Units | 60 (12.5%) |
| Median Home Value | $422,759 |
| Average Home Value | $410,419 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
51
Multi-Family
0
Businesses
28
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Listed by: Austin Hellickson • LPT Realty LLC
Mls Name: NWMLS
Mls ID: #2414801