1614 284th Street ERoyWA98580
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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 Roy at 1614 284th Street E, Roy, WA, 98580 listed at $485,000 pairs $2,431/mo rent with a $2,374/mo payment. Total monthly income runs $2,431/mo. Return on cash invested measures 16.29% in year one, and rental yield registers 6.01% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 83.22% and total cumulative return in cash totals $133,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,431/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98580, Roy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,675 (79.2%) |
| Renter Occupied HU | 585 (12.6%) |
| Vacant Housing Units | 381 ( 8.2%) |
| Median Home Value | $638,556 |
| Average Home Value | $730,560 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,425
Multi-Family
22
Businesses
68
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Listed by: Teanna R Ketter • Terrafin
Mls Name: NWMLS
Mls ID: #2418783