19220 State Route 706 EElbeWA98330
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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 Elbe at 19220 State Route 706 E, Elbe, WA, 98330 generates $3,158/mo in rent, after a $3,304/mo payment. Total monthly income is $3,158/mo. Return on cash invested sits at 15.2% in year one, and rental yield is 5.61% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 77.33% and total cumulative return in cash sums $171,723. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,158/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
15.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98330, Elbe, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 188 (100%) |
| Owner Occupied HU | 114 (60.6%) |
| Renter Occupied HU | 33 (17.6%) |
| Vacant Housing Units | 41 (21.8%) |
| Median Home Value | $569,079 |
| Average Home Value | $556,996 |
Housing Distribution
Address Breakdown
Residential
23
Single Family
23
Multi-Family
0
Businesses
22
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Listed by: Christina Fitzer • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2421172