20418 Springbrook Road SEMonroeWA98272
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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 Monroe at 20418 Springbrook Road SE, Monroe, WA, 98272 listed at $700,000 pairs $3,740/mo rent with a $3,426/mo payment. Total monthly income runs $3,740/mo. Return on cash invested measures 17.62% in year one, and rental yield registers 6.41% at a $700,000 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,397 by year five. Five-year ROI tracks 90.33% and total cumulative return in cash totals $208,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,740/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98272, Monroe, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,158 (73.7%) |
| Renter Occupied HU | 2,412 (21.8%) |
| Vacant Housing Units | 499 ( 4.5%) |
| Median Home Value | $784,884 |
| Average Home Value | $871,653 |
Housing Distribution
Address Breakdown
Residential
10,519
Single Family
9,598
Multi-Family
921
Businesses
1,124
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Listed by: Gary Nims • Windermere Real Estate Central
Mls Name: NWMLS
Mls ID: #2432451