202 S Jefferson St, Medical Lake, WA, 99022 | $86/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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202 S Jefferson St, Medical Lake, WA, 99022 | $86/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Medical Lake at 202 S Jefferson St, Medical Lake, WA, 99022 listed at $255,000 pairs $1,619/mo rent with a $1,248/mo payment to leave $86/mo cash flow. Total monthly income runs $1,619/mo, and annual cash flow reaches $1,035/yr on $84,533 cash to close. Return on cash invested measures 21.13% in year one, and rental yield registers 7.62% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 109.22% and total cumulative return in cash totals $92,324. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,619/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1942

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

This peaceful 2 bed 1 bath open layout home from 1942 with true 2 by 4 framing and single story. Has an updated roof and forced air system. Sits just off of medical lake with 2 parks in easy walking distance. Has a covered patio with a hot tub hookup and a detached garage sitting in front of a healthy backyard cherry tree. During summertime months the trees on the edge of the yard provide ample shade for summer BBQs, in the fully fenced yard. A large, wired shed in the backyard can also be purchased with the property or sold without.

Neighborhood Data

Neighborhood data shown for ZIP Code: 99022, Medical Lake, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,752 (100%)
Owner Occupied HU	2,726 (72.7%)
Renter Occupied HU	865 (23.1%)
Vacant Housing Units	161 ( 4.3%)
Median Home Value	$479,719
Average Home Value	$519,804