15917 NE Union Road #20RidgefieldWA98642
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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
Investment property for sale in Ridgefield at 15917 NE Union Road #20, Ridgefield, WA, 98642 earns $1,214/mo cash flow from $4,574/mo rent with a $2,266/mo payment. Total monthly income totals $4,574/mo, and annual cash flow totals $14,565/yr on $153,485 capital. ROI tracks 29.4% on current figures, and rental yield reads 11.85% at a $463,000 purchase. Equity gained on principal adds $2,988/yr, and 5% annual appreciation supports $127,918 over five years. Five-year ROI reaches 155.13% and total cumulative return in cash sums $238,099. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,574/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$475 monthly 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
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Listed by: Rebecca Thompson • Redfin
Mls Name: NWMLS
Mls Provider:
Mls ID: #2448156
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-25 05:29:00 PST. 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)