18310 NW 61st AveRidgefieldWA98642
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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 Ridgefield at 18310 NW 61st Ave, Ridgefield, WA, 98642 generates $3,629/mo in rent, after a $7,660/mo payment. Total monthly income is $3,629/mo. Return on cash invested sits at 6.69% in year one, and rental yield is 2.78% on a $1,565,000 entry. Equity gained on principal adds $10,099/yr, while 5% annual appreciation builds toward $432,381 over five years. Five-year ROI reaches 31.64% and total cumulative return in cash sums $160,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,629/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98642, Ridgefield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,339 (100%) |
| Owner Occupied HU | 8,840 (78.0%) |
| Renter Occupied HU | 1,988 (17.5%) |
| Vacant Housing Units | 511 ( 4.5%) |
| Median Home Value | $712,963 |
| Average Home Value | $782,774 |
Housing Distribution
Address Breakdown
Residential
10,575
Single Family
10,024
Multi-Family
551
Businesses
419
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Listed by: John Hansen • Pacific Lifestyle Homes
Mls Name: RMLS (OR)
Mls ID: #686834943