1953 Pine Cone Avenue #106EnumclawWA98022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Enumclaw at 1953 Pine Cone Avenue #106, Enumclaw, WA, 98022 listed at $230,000 pairs $1,652/mo rent with a $1,126/mo payment to leave $269/mo cash flow. Total monthly income runs $1,652/mo, and annual cash flow reaches $3,230/yr on $76,245 cash to close. Return on cash invested measures 24.15% in year one, and rental yield registers 8.62% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 125.4% and total cumulative return in cash totals $95,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,652/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry A. Juergens • Real Estate 2000 Inc.
Mls Name: NWMLS
Mls ID: #2446259