1234 Lincoln Avenue #AEnumclawWA98022
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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 Enumclaw at 1234 Lincoln Avenue #A, Enumclaw, WA, 98022 listed at $390,000 pairs $2,981/mo rent with a $1,909/mo payment to leave $637/mo cash flow. Total monthly income runs $2,981/mo, and annual cash flow reaches $7,638/yr on $129,285 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.17% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 134.3% and total cumulative return in cash totals $173,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,981/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1926
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
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Listed by: Ashley Nybo • John L. Scott Enumclaw
Mls Name: NWMLS
Mls ID: #2457532