18708 229th Avenue EOrtingWA98360
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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 Orting at 18708 229th Avenue E, Orting, WA, 98360 earns $402/mo cash flow from $3,467/mo rent with a $2,496/mo payment. Total monthly income totals $3,467/mo, and annual cash flow totals $4,818/yr on $167,790 capital. ROI tracks 22.93% on current figures, and rental yield reads 8.16% at a $510,000 purchase. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 over five years. Five-year ROI reaches 118.79% and total cumulative return in cash sums $199,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,467/mo property income instead of your personal income.
Manufactured
Built in 1986
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98360, Orting, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,173 (100%) |
| Owner Occupied HU | 4,410 (85.3%) |
| Renter Occupied HU | 628 (12.1%) |
| Vacant Housing Units | 135 ( 2.6%) |
| Median Home Value | $591,502 |
| Average Home Value | $621,952 |
Housing Distribution
Address Breakdown
Residential
4,315
Single Family
4,296
Multi-Family
19
Businesses
245
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Listed by: Carlie Hendrickson • KW Mountains to Sound Realty
Mls Name: NWMLS
Mls ID: #2439980