16421 Park DriveRainierWA98576
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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 Rainier at 16421 Park Drive, Rainier, WA, 98576 earns $82/mo cash flow from $2,606/mo rent with a $2,055/mo payment. Total monthly income totals $2,606/mo, and annual cash flow totals $987/yr on $139,156 capital. ROI tracks 20.62% on current figures, and rental yield reads 7.45% at a $419,777 purchase. Equity gained on principal adds $2,709/yr, and 5% annual appreciation supports $115,977 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash sums $148,101. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,606/mo property income instead of your personal income.
Manufactured
Built in 1993
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98576, Rainier, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,224 (100%) |
| Owner Occupied HU | 1,771 (79.6%) |
| Renter Occupied HU | 352 (15.8%) |
| Vacant Housing Units | 101 ( 4.5%) |
| Median Home Value | $604,522 |
| Average Home Value | $644,983 |
Housing Distribution
Address Breakdown
Residential
1,631
Single Family
1,631
Multi-Family
0
Businesses
168
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Listed by: Aleksandr Frankov • eXp Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2358354
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)