16449 169th Street 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 16449 169th Street SE, Monroe, WA, 98272 uses $149,158 cash to close to unlock $4,267/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $3,060/mo, and a $2,202/mo payment keeps the spread at $356/mo. Purchase price stands at $449,950, and rental yield measures 8.16% with $3,060/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $124,313 over five years. Five-year ROI reaches 117.95% and total cumulative return in cash records $175,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,060/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
N/A 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: Kevin Donovan • Windermere R.E. Northeast, Inc
Mls Name: NWMLS
Mls ID: #2437373