16537 Lakeview DriveLeavenworthWA98826
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 Leavenworth at 16537 Lakeview Drive, Leavenworth, WA, 98826 listed at $694,250 pairs $2,893/mo rent with a $3,398/mo payment. Total monthly income runs $2,893/mo. Return on cash invested measures 13.33% in year one, and rental yield registers 5% at a $694,250 basis. Equity gained on principal adds $4,480/yr, and annual property appreciation at 5% supports $191,808 by year five. Five-year ROI tracks 67.32% and total cumulative return in cash totals $153,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,893/mo property income relative to a $3,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98826, Leavenworth, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,962 (100%) |
| Owner Occupied HU | 2,458 (41.2%) |
| Renter Occupied HU | 915 (15.3%) |
| Vacant Housing Units | 2,589 (43.4%) |
| Median Home Value | $694,942 |
| Average Home Value | $744,859 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,598
Multi-Family
177
Businesses
477
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Listed by: Liz Stewart • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2391470
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 22:39:35 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)