19625 E Wellesley Ave TRAILER 62Otis OrchardsWA99027
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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 Otis Orchards at 19625 E Wellesley Ave TRAILER 62, Otis Orchards, WA, 99027 generates $846/mo in rent, after a $538/mo payment. Total monthly income is $846/mo. Return on cash invested sits at 7.57% in year one, and rental yield is 9.23% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 43.27% and total cumulative return in cash sums $15,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $846/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
N/A lot
$N/A/sqft
$560 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 99027, Otis Orchards, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,825 (100%) |
| Owner Occupied HU | 2,507 (88.7%) |
| Renter Occupied HU | 248 ( 8.8%) |
| Vacant Housing Units | 70 ( 2.5%) |
| Median Home Value | $483,763 |
| Average Home Value | $525,365 |
Housing Distribution
Address Breakdown
Residential
2,597
Single Family
2,597
Multi-Family
0
Businesses
149
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Listed for sale | $110,000 |
| 2024-08-12 | Listing removed | N/A |
| 2024-07-25 | Listed for sale | $119,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-22 | $507.02 | 18.78% | $55,100 | 16.49% |
| 2023-07-22 | $426.84 | 149.19% | $47,300 | 152.94% |
| 2022-07-22 | $171.29 | 17.38% | $18,700 | 30.77% |
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1981
- Architectural Style: Ranch
- Building Area: 1,440
- Living Area: 1,440 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Forced Air
- Cooling: Central Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: None
Location
- City: Otis Orchards
- State: WA
- Subdivision: Timberline Trailor Ct
- Lot Size: N/A
- Lot Features: Level, Corner Lot
- View: N/A
HOA & Fees
- HOA Fee: $560 monthly
- Association Fee: $560 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: Paved
School Information
- Elementary School: Otis Orchards
- Middle School: East Valley
- High School: East Valley
Listed by: David Jones • John L Scott, Inc.
Mls Name: SMLS
Mls Provider:
Mls ID: #202520813
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.