15538 N Lloyd RdMeadWA99021
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
Investment property for sale in Mead at 15538 N Lloyd Rd, Mead, WA, 99021 offers a 6.3% rental yield on a $719,000 purchase with $3,772/mo rent. 27% in year one. Equity gained on principal adds $4,640/yr while 5% annual appreciation supports $198,646 over five years. Portfolio math shows five-year ROI at 88.44% and total cumulative return in cash at $209,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,772/mo property income against a $3,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.75 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Newcomb • EXIT Real Estate Professionals
Mls Name: SMLS
Mls ID: #202525996