14818 Terrace Avenue SETeninoWA98589
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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 Tenino at 14818 Terrace Avenue SE, Tenino, WA, 98589 uses $130,943 cash to close to unlock $227/yr annual cash flow and $19/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,933/mo payment keeps the spread at $19/mo. Purchase price stands at $395,000, and rental yield measures 7.27% with $2,393/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 103.52% and total cumulative return in cash records $135,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98589, Tenino, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,614 (78.5%) |
| Renter Occupied HU | 560 (16.8%) |
| Vacant Housing Units | 156 ( 4.7%) |
| Median Home Value | $573,950 |
| Average Home Value | $654,762 |
Housing Distribution
Address Breakdown
Residential
2,816
Single Family
2,816
Multi-Family
0
Businesses
181
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Listed by: Rich Simmons • Fairway Real Estate
Mls Name: NWMLS
Mls ID: #2403161