1950 US Highway 12EthelWA98542
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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 Ethel at 1950 US Highway 12, Ethel, WA, 98542 offers a 0% rental yield on a $180,000 purchase with $0/mo rent. 85% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1977
6.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98542, Ethel, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 265 (100%) |
| Owner Occupied HU | 204 (77.0%) |
| Renter Occupied HU | 55 (20.8%) |
| Vacant Housing Units | 6 ( 2.3%) |
| Median Home Value | $586,538 |
| Average Home Value | $637,733 |
Housing Distribution
Address Breakdown
Residential
211
Single Family
211
Multi-Family
0
Businesses
11
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Listed by: Kevin Gordham • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2442554