16222 N Cimmeron CtNine Mile FallsWA99026
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 Nine Mile Falls at 16222 N Cimmeron Ct, Nine Mile Falls, WA, 99026 listed at $599,000 pairs $3,709/mo rent with a $2,932/mo payment to leave $108/mo cash flow. Total monthly income runs $3,709/mo, and annual cash flow reaches $1,297/yr on $197,071 cash to close. Return on cash invested measures 20.72% in year one, and rental yield registers 7.43% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 106.93% and total cumulative return in cash totals $210,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,709/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99026, Nine Mile Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 3,595 (89.9%) |
| Renter Occupied HU | 266 ( 6.6%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $530,482 |
| Average Home Value | $568,047 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emiley Rios • eXp Realty, LLC
Mls Name: SMLS
Mls ID: #202610029