20464 Linden Road NWSoap LakeWA98851
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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 Soap Lake at 20464 Linden Road NW, Soap Lake, WA, 98851 uses $107,738 cash to close to unlock $7,453/yr annual cash flow and $621/mo monthly cash flow. Total monthly income runs $2,575/mo, and a $1,591/mo payment keeps the spread at $621/mo. Purchase price stands at $325,000, and rental yield measures 9.51% with $2,575/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 139.74% and total cumulative return in cash records $150,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98851, Soap Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,270 (100%) |
| Owner Occupied HU | 1,438 (63.3%) |
| Renter Occupied HU | 606 (26.7%) |
| Vacant Housing Units | 226 ( 10.0%) |
| Median Home Value | $327,536 |
| Average Home Value | $362,531 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
65
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Listed by: Heidi Van Diest • Moses Lake Realty Group
Mls Name: NWMLS
Mls ID: #2423749