1316 W 17th AvenueLa 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
Rental property for sale in La Center at 1316 W 17th Avenue, La Center, WA, 98629 generates $3,499/mo in rent and, after a $2,021/mo payment, leaves $1,017/mo in cash flow. Total monthly income is $3,499/mo, and annual cash flow is $12,202/yr on $136,910 invested. Return on cash invested sits at 28.82% in year one, and rental yield is 10.17% on a $413,000 entry. Equity gained on principal adds $2,665/yr, while 5% annual appreciation builds toward $114,104 over five years. Five-year ROI reaches 150.38% and total cumulative return in cash sums $205,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,499/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
3,863 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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Listed by: Christa Harvey • Integris Real Estate
Mls Name: NWMLS
Mls ID: #2469216