1856 S 51st PlRidgefieldWA98642
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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 Ridgefield at 1856 S 51st Pl, Ridgefield, WA, 98642 earns from $4,792/mo rent with a $4,190/mo payment. Total monthly income totals $4,792/mo. ROI tracks 18.55% on current figures, and rental yield reads 6.72% at a $856,000 purchase. Equity gained on principal adds $5,524/yr, and 5% annual appreciation supports $236,497 over five years. Five-year ROI reaches 95.31% and total cumulative return in cash sums $268,413. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,792/mo property income instead of your personal income.
Single Family
Built in 2020
7,840 sqft 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: Rebecca Lee • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #756454263