137 Glenoma RoadGlenomaWA98336
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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 Glenoma at 137 Glenoma Road, Glenoma, WA, 98336 priced at $389,999 pairs $2,740/mo rent with $396/mo cash flow after a $1,909/mo payment. Total monthly income equals $2,740/mo, and annual cash flow comes to $4,746/yr on $129,285 invested. Return on cash invested is 23.58% in year one, and rental yield stands at 8.43% on a $389,999 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 122.3% and total cumulative return in cash reaches $158,120. For financing, Ziffy Mortgage’s DSCR program evaluates $2,740/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
5.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98336, Glenoma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 533 (100%) |
| Owner Occupied HU | 397 (74.5%) |
| Renter Occupied HU | 93 (17.4%) |
| Vacant Housing Units | 43 ( 8.1%) |
| Median Home Value | $474,528 |
| Average Home Value | $432,632 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
17
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Listed by: Gena Neitzel • 4 U Real Estate
Mls Name: NWMLS
Mls ID: #2463722