179 N Shore DriveOrondoWA98843
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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
Rental property for sale in Orondo at 179 N Shore Drive, Orondo, WA, 98843 priced at $1,796,000 pairs $5,605/mo rent with after a $8,791/mo payment. Total monthly income equals $5,605/mo. Return on cash invested is 9.66% in year one, and rental yield stands at 3.74% on a $1,796,000 basis. Equity gained on principal adds $11,589/yr, and 5% annual appreciation accumulates to $496,202 by year five. Five-year ROI measures 47.57% and total cumulative return in cash reaches $276,783. For financing, Ziffy Mortgage’s DSCR program evaluates $5,605/mo property income against a $8,791/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98843, Orondo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,486 (100%) |
| Owner Occupied HU | 467 (31.4%) |
| Renter Occupied HU | 326 (21.9%) |
| Vacant Housing Units | 693 (46.6%) |
| Median Home Value | $693,056 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
34
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Listed by: Deanne Lipp • Premier One Properties
Mls Name: NWMLS
Mls ID: #2373081