1216 N High Desert StDeer ParkWA99006
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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 Deer Park at 1216 N High Desert St, Deer Park, WA, 99006 offers $3,277/mo rent that, after a $2,364/mo payment, leaves $374/mo cash flow. Total monthly income is $3,277/mo, and annual cash flow is $4,485/yr on $160,081 cash. Return on cash invested measures 22.71% in year one, and rental yield stands at 8.14% at a $482,900 entry. Equity gained on principal adds $3,116/yr while 5% annual appreciation compounds into $133,416 by year five. Five-year ROI records 117.62% and total cumulative return in cash reaches $188,295. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,277/mo property income versus a $2,364/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99006, Deer Park, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,984 (100%) |
| Owner Occupied HU | 4,685 (78.3%) |
| Renter Occupied HU | 935 (15.6%) |
| Vacant Housing Units | 364 ( 6.1%) |
| Median Home Value | $479,209 |
| Average Home Value | $516,258 |
Housing Distribution
Address Breakdown
Residential
5,013
Single Family
4,931
Multi-Family
82
Businesses
247
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Listed by: Jon Ehrlich • Coldwell Banker Tomlinson
Mls Name: SMLS
Mls ID: #202610186