198 Raymond South Bend RoadRaymondWA98577
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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 Raymond at 198 Raymond South Bend Road, Raymond, WA, 98577 earns $315/mo cash flow from $2,792/mo rent with a $2,017/mo payment. Total monthly income totals $2,792/mo, and annual cash flow totals $3,779/yr on $136,578 capital. ROI tracks 22.68% on current figures, and rental yield reads 8.13% at a $412,000 purchase. Equity gained on principal adds $2,659/yr, and 5% annual appreciation supports $113,828 over five years. Five-year ROI reaches 117.45% and total cumulative return in cash sums $160,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,792/mo property income instead of your personal income.
Single Family
Built in 1986
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98577, Raymond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,161 (100%) |
| Owner Occupied HU | 2,220 (70.2%) |
| Renter Occupied HU | 667 (21.1%) |
| Vacant Housing Units | 274 ( 8.7%) |
| Median Home Value | $282,292 |
| Average Home Value | $324,725 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,496
Multi-Family
184
Businesses
212
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Listed by: Melanie Seiler • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2436964