16506 E 9th LnVeradaleWA99037
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 Veradale at 16506 E 9th Ln, Veradale, WA, 99037 earns from $2,612/mo rent with a $2,839/mo payment. Total monthly income totals $2,612/mo. ROI tracks 14.56% on current figures, and rental yield reads 5.4% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 73.9% and total cumulative return in cash sums $141,009. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,612/mo property income instead of your personal income.
Single Family
Built in 2005
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99037, Veradale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,321 (100%) |
| Owner Occupied HU | 4,125 (56.3%) |
| Renter Occupied HU | 2,982 (40.7%) |
| Vacant Housing Units | 214 ( 2.9%) |
| Median Home Value | $526,688 |
| Average Home Value | $563,407 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
5,618
Multi-Family
1,296
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chase Baxter • eXp Realty 4 Degrees
Mls Name: SMLS
Mls ID: #202523497