1655 Wheaton StreetRaymondWA98577
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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 Raymond at 1655 Wheaton Street, Raymond, WA, 98577 uses $144,203 cash to close to unlock $735/yr annual cash flow and $61/mo monthly cash flow. Total monthly income runs $2,676/mo, and a $2,129/mo payment keeps the spread at $61/mo. Purchase price stands at $435,000, and rental yield measures 7.38% with $2,676/mo rent. Return on cash invested shows 20.42% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 105.37% and total cumulative return in cash records $151,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,676/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98577, Raymond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,161 (100%) |
| Owner Occupied HU | 2,220 (70.2%) |
| Renter Occupied HU | 667 (21.1%) |
| Vacant Housing Units | 274 ( 8.7%) |
| Median Home Value | $282,292 |
| Average Home Value | $324,725 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,496
Multi-Family
184
Businesses
212
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Listed by: Melanie Seiler • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2470043