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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lakebay at 17014 7th Avenue NW, Lakebay, WA, 98349 generates $2,958/mo in rent, after a $3,059/mo payment. Total monthly income is $2,958/mo. Return on cash invested sits at 15.4% in year one, and rental yield is 5.68% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 78.41% and total cumulative return in cash sums $161,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,958/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98349, Lakebay, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,736 (100%) |
| Owner Occupied HU | 1,798 (65.7%) |
| Renter Occupied HU | 277 (10.1%) |
| Vacant Housing Units | 661 (24.2%) |
| Median Home Value | $616,279 |
| Average Home Value | $639,491 |
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ty Snyder • Solution Partners NW
Mls Name: NWMLS
Mls ID: #2444466
