1203 Tower AveRaymondWA98577
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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
Investment property for sale in Raymond at 1203 Tower Ave, Raymond, WA, 98577 with 5% annual appreciation on a $269,800 basis while $2,312/mo rent supports operations. Total monthly income totals $2,312/mo and a $1,321/mo payment preserves $690/mo for cash returns. Annual cash flow comes to $8,277/yr on $89,439 deployed, and return on cash invested reaches 29.16% in year one. Equity gained on principal adds $1,741/yr, and five-year appreciation sums $74,541 alongside rental yield of 10.28%. Five-year ROI measures 152.24% and total cumulative return in cash totals $136,162.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,312/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98577, Raymond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,161 (100%) |
| Owner Occupied HU | 2,220 (70.2%) |
| Renter Occupied HU | 667 (21.1%) |
| Vacant Housing Units | 274 ( 8.7%) |
| Median Home Value | $282,292 |
| Average Home Value | $324,725 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,496
Multi-Family
184
Businesses
212
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