








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Elma at 121 Hillcrest Drive, Elma, WA, 98541 priced at $449,000 converts $2,981/mo rent into $282/mo cash flow after a $2,198/mo obligation. Total monthly income equals $2,981/mo, and annual cash flow totals $3,379/yr on $148,844 invested. Return on cash invested prints 22.18% in year one, and rental yield reads 7.97% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 114.78% and total cumulative return in cash sums $170,848. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,981/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
| 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 |
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Emily Pea Howell • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2430585