15841 US 2WatervilleWA98858
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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 Waterville at 15841 US 2, Waterville, WA, 98858 generates $2,999/mo in rent and, after a $1,468/mo payment, leaves $1,196/mo in cash flow. Total monthly income is $2,999/mo, and annual cash flow is $14,353/yr on $99,417 invested. Return on cash invested sits at 34.35% in year one, and rental yield is 12% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 180.07% and total cumulative return in cash sums $179,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
25.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98858, Waterville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 553 (71.9%) |
| Renter Occupied HU | 126 (16.4%) |
| Vacant Housing Units | 90 (11.7%) |
| Median Home Value | $372,642 |
| Average Home Value | $425,402 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
81
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Listed by: Shane DeVon • RE/MAX Lake and Country
Mls Name: NWMLS
Mls ID: #2425169