1529 Lockridge Loop EEnumclawWA98022
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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
Rental property for sale in Enumclaw at 1529 Lockridge Loop E, Enumclaw, WA, 98022 generates $3,976/mo in rent, after a $4,772/mo payment. Total monthly income is $3,976/mo. Return on cash invested sits at 13.01% in year one, and rental yield is 4.89% on a $974,950 entry. Equity gained on principal adds $6,291/yr, while 5% annual appreciation builds toward $269,361 over five years. Five-year ROI reaches 65.58% and total cumulative return in cash sums $210,347. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,976/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
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Listed by: Gary Hendrickson • Berkshire Hathaway HS SSP
Mls Name: NWMLS
Mls ID: #2459558