2003 348th Street Ct E #23RoyWA98580
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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 Roy at 2003 348th Street Ct E #23, Roy, WA, 98580 earns $223/mo cash flow from $944/mo rent with a $587/mo payment. Total monthly income totals $944/mo, and annual cash flow totals $2,676/yr on $39,780 capital. ROI tracks 26.64% on current figures, and rental yield reads 9.44% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 138.66% and total cumulative return in cash sums $55,159. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $944/mo property income instead of your personal income.
Manufactured
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98580, Roy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,675 (79.2%) |
| Renter Occupied HU | 585 (12.6%) |
| Vacant Housing Units | 381 ( 8.2%) |
| Median Home Value | $638,556 |
| Average Home Value | $730,560 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,425
Multi-Family
22
Businesses
68
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Listed by: Francisco Lopez • eXp Realty
Mls Name: NWMLS
Mls ID: #2464991