15917 NE Union Rd UNIT 69RidgefieldWA98642
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 Ridgefield at 15917 NE Union Rd UNIT 69, Ridgefield, WA, 98642 earns $147/mo cash flow from $2,726/mo rent with a $2,100/mo payment. Total monthly income totals $2,726/mo, and annual cash flow totals $1,763/yr on $142,214 capital. ROI tracks 21.15% on current figures, and rental yield reads 7.63% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 109.24% and total cumulative return in cash sums $155,353. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,726/mo property income instead of your personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98642, Ridgefield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,339 (100%) |
| Owner Occupied HU | 8,840 (78.0%) |
| Renter Occupied HU | 1,988 (17.5%) |
| Vacant Housing Units | 511 ( 4.5%) |
| Median Home Value | $712,963 |
| Average Home Value | $782,774 |
Housing Distribution
Address Breakdown
Residential
10,575
Single Family
10,024
Multi-Family
551
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Johnnie Chin • Berkshire Hathaway HomeServices NW Real Estate
Mls Name: RMLS (OR)
Mls ID: #110792861