1725 N McMillan LnGreenacresWA99016
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 Greenacres at 1725 N McMillan Ln, Greenacres, WA, 99016 listed at $519,500 pairs $2,904/mo rent with a $2,543/mo payment. Total monthly income runs $2,904/mo. Return on cash invested measures 17.86% in year one, and rental yield registers 6.71% at a $519,500 basis. Equity gained on principal adds $3,352/yr, and annual property appreciation at 5% supports $143,528 by year five. Five-year ROI tracks 91.83% and total cumulative return in cash totals $156,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,904/mo property income relative to a $2,543/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
8,712 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99016, Greenacres, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,721 (100%) |
| Owner Occupied HU | 5,432 (70.4%) |
| Renter Occupied HU | 2,001 (25.9%) |
| Vacant Housing Units | 288 ( 3.7%) |
| Median Home Value | $540,005 |
| Average Home Value | $599,307 |
Housing Distribution
Address Breakdown
Residential
8,112
Single Family
7,895
Multi-Family
217
Businesses
233
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Listed by: Lee Ferrari • Redfin
Mls Name: SMLS
Mls Provider:
Mls ID: #202517670
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