1204 Howard StreetRaymondWA98577
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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 1204 Howard Street, Raymond, WA, 98577 earns $646/mo cash flow from $2,028/mo rent with a $1,125/mo payment. Total monthly income totals $2,028/mo, and annual cash flow totals $7,755/yr on $76,212 capital. ROI tracks 30.09% on current figures, and rental yield reads 10.59% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 157.2% and total cumulative return in cash sums $119,807. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,028/mo property income instead of your personal income.
Single Family
Built in 1940
0.38 Acres 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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Listed by: Heidi J. Keller • The Harbor Realty, LLC
Mls Name: NWMLS
Mls ID: #2389395