120 W Prairie Loop RoadElmaWA98541
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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
Total monthly income runs $2,562/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 5.59% with $2,562/mo rent. Return on cash invested shows 15.13% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 76.92% and total cumulative return in cash records $139,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,562/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
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Listed by: Bradley Aaron Davis • Windermere R.E./Snohomish Inc.
Mls Name: NWMLS
Mls ID: #2458511