153 Lake RdBurbankWA99323
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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 Burbank at 153 Lake Rd, Burbank, WA, 99323 priced at $379,000 pairs $1,826/mo rent with after a $1,855/mo payment. Total monthly income equals $1,826/mo. Return on cash invested is 15.59% in year one, and rental yield stands at 5.78% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 79.45% and total cumulative return in cash reaches $99,815. For financing, Ziffy Mortgage’s DSCR program evaluates $1,826/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99323, Burbank, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 1,140 (81.5%) |
| Renter Occupied HU | 219 (15.7%) |
| Vacant Housing Units | 40 ( 2.9%) |
| Median Home Value | $397,241 |
| Average Home Value | $438,555 |
Housing Distribution
Address Breakdown
Residential
1,208
Single Family
1,208
Multi-Family
0
Businesses
67
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Listed by: GEOFF BOWLSBY • Century 21-Tri-Cities
Mls Name: PACMLS
Mls ID: #286907