150 Skinner RoadRandleWA98377
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 Randle at 150 Skinner Road, Randle, WA, 98377 offers $2,714/mo rent that, after a $1,590/mo payment, leaves $761/mo cash flow. Total monthly income is $2,714/mo, and annual cash flow is $9,134/yr on $107,704 cash. Return on cash invested measures 28.39% in year one, and rental yield stands at 10.02% at a $324,900 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,764 by year five. Five-year ROI records 148.11% and total cumulative return in cash reaches $159,521. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,714/mo property income versus a $1,590/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98377, Randle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 727 (52.7%) |
| Renter Occupied HU | 215 (15.6%) |
| Vacant Housing Units | 438 (31.7%) |
| Median Home Value | $272,500 |
| Average Home Value | $320,922 |
Housing Distribution
Address Breakdown
Residential
568
Single Family
568
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: Martha Wright • eXp Realty
Mls Name: NWMLS
Mls ID: #2377345