19015 E State Route 3 #AAllynWA98524
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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 Allyn at 19015 E State Route 3 #A, Allyn, WA, 98524 uses $116,008 cash to close to unlock $3,267/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $2,376/mo, and a $1,713/mo payment keeps the spread at $272/mo. Purchase price stands at $349,950, and rental yield measures 8.15% with $2,376/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $96,685 over five years. Five-year ROI reaches 117.73% and total cumulative return in cash records $136,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98524, Allyn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,932 (100%) |
| Owner Occupied HU | 1,416 (73.3%) |
| Renter Occupied HU | 182 ( 9.4%) |
| Vacant Housing Units | 334 (17.3%) |
| Median Home Value | $538,971 |
| Average Home Value | $546,614 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,193
Multi-Family
0
Businesses
109
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Listed by: C.J. Stewart • Hawkins Poe
Mls Name: NWMLS
Mls ID: #2449051