16040 166th Drive SEMonroeWA98272
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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 Monroe at 16040 166th Drive SE, Monroe, WA, 98272 listed at $869,998 pairs $4,588/mo rent with a $4,258/mo payment. Total monthly income runs $4,588/mo. Return on cash invested measures 17.37% in year one, and rental yield registers 6.33% at a $869,998 basis. Equity gained on principal adds $5,614/yr, and annual property appreciation at 5% supports $240,364 by year five. Five-year ROI tracks 88.97% and total cumulative return in cash totals $254,652. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,588/mo property income relative to a $4,258/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98272, Monroe, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,158 (73.7%) |
| Renter Occupied HU | 2,412 (21.8%) |
| Vacant Housing Units | 499 ( 4.5%) |
| Median Home Value | $784,884 |
| Average Home Value | $871,653 |
Housing Distribution
Address Breakdown
Residential
10,519
Single Family
9,598
Multi-Family
921
Businesses
1,124
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Listed by: Kelly Kemp • Windermere Real Estate Central
Mls Name: NWMLS
Mls ID: #2460885