158 Skaggs RdMortonWA98356
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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 Morton at 158 Skaggs Rd, Morton, WA, 98356 offers $2,202/mo rent that, after a $1,899/mo payment. Total monthly income is $2,202/mo. Return on cash invested measures 18.69% in year one, and rental yield stands at 6.81% at a $388,000 entry. Equity gained on principal adds $2,504/yr while 5% annual appreciation compounds into $107,197 by year five. Five-year ROI records 96.09% and total cumulative return in cash reaches $123,592. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,202/mo property income versus a $1,899/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98356, Morton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 696 (67.2%) |
| Renter Occupied HU | 225 (21.7%) |
| Vacant Housing Units | 115 (11.1%) |
| Median Home Value | $404,020 |
| Average Home Value | $549,960 |
Housing Distribution
Address Breakdown
Residential
350
Single Family
350
Multi-Family
0
Businesses
122
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Nearby investment properties with comparable prices
Listed by: Caro Johnson • CENTURY 21 Lund, Realtors
Mls Name: NWMLS
Mls Provider:
Mls ID: #2394707
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-31 03:14:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)