133 Chapman Road #BMortonWA98356
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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 Morton at 133 Chapman Road #B, Morton, WA, 98356 with 5% annual appreciation on a $419,000 basis while $857/mo rent supports operations. 55% in year one. Equity gained on principal adds $2,704/yr, and five-year appreciation sums $115,762 alongside rental yield of 2.45%. Five-year ROI measures 25.64% and total cumulative return in cash totals $35,609. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $857/mo property income versus a $2,051/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
6.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98356, Morton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 696 (67.2%) |
| Renter Occupied HU | 225 (21.7%) |
| Vacant Housing Units | 115 (11.1%) |
| Median Home Value | $404,020 |
| Average Home Value | $549,960 |
Housing Distribution
Address Breakdown
Residential
350
Single Family
350
Multi-Family
0
Businesses
122
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Listed by: Jennifer Kaatz • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2419783