124 W 12th WayLa CenterWA98629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 La Center at 124 W 12th Way, La Center, WA, 98629 earns $57/mo cash flow from $3,604/mo rent with a $2,888/mo payment. Total monthly income totals $3,604/mo, and annual cash flow totals $686/yr on $194,110 capital. ROI tracks 20.41% on current figures, and rental yield reads 7.33% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 105.3% and total cumulative return in cash sums $204,400. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,604/mo property income instead of your personal income.
Single Family
Built in 2019
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98629, La Center, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 3,277 (86.7%) |
| Renter Occupied HU | 390 (10.3%) |
| Vacant Housing Units | 111 ( 2.9%) |
| Median Home Value | $673,991 |
| Average Home Value | $719,510 |
Housing Distribution
Address Breakdown
Residential
3,523
Single Family
3,374
Multi-Family
149
Businesses
126
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Nearby investment properties with comparable prices
Listed by: Brandy Pettet • Windermere Northwest Living
Mls Name: NWMLS
Mls ID: #2423843