14805 E 15th AveVeradaleWA99037
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 Veradale at 14805 E 15th Ave, Veradale, WA, 99037 generates $2,359/mo in rent, after a $2,202/mo payment. Total monthly income is $2,359/mo. Return on cash invested sits at 17.13% in year one, and rental yield is 6.29% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 87.71% and total cumulative return in cash sums $130,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,359/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99037, Veradale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,321 (100%) |
| Owner Occupied HU | 4,125 (56.3%) |
| Renter Occupied HU | 2,982 (40.7%) |
| Vacant Housing Units | 214 ( 2.9%) |
| Median Home Value | $526,688 |
| Average Home Value | $563,407 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
5,618
Multi-Family
1,296
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Mack • RE/MAX Centennial
Mls Name: SMLS
Mls ID: #202610470