15010 N Shenandoah Forest LnMeadWA99021
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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 Mead at 15010 N Shenandoah Forest Ln, Mead, WA, 99021 uses $34,808 cash to close to unlock $2,133/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $809/mo, and a $514/mo payment keeps the spread at $178/mo. Purchase price stands at $105,000, and rental yield measures 9.25% with $809/mo rent. Return on cash invested shows 26.04% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 135.49% and total cumulative return in cash records $47,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $809/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99021, Mead, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,826 (100%) |
| Owner Occupied HU | 3,359 (87.8%) |
| Renter Occupied HU | 340 ( 8.9%) |
| Vacant Housing Units | 127 ( 3.3%) |
| Median Home Value | $488,581 |
| Average Home Value | $563,364 |
Housing Distribution
Address Breakdown
Residential
3,526
Single Family
3,526
Multi-Family
0
Businesses
249
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Listed by: Ali Pomeroy • Touchstone Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202516812
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.