206 Desert Canyon BoulevardOrondoWA98843
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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
Rental property for sale in Orondo at 206 Desert Canyon Boulevard, Orondo, WA, 98843 offers $3,482/mo rent that, after a $3,915/mo payment. Total monthly income is $3,482/mo. Return on cash invested measures 14.01% in year one, and rental yield stands at 5.22% at a $799,950 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,011 by year five. Five-year ROI records 70.96% and total cumulative return in cash reaches $186,748. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,482/mo property income versus a $3,915/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98843, Orondo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,486 (100%) |
| Owner Occupied HU | 467 (31.4%) |
| Renter Occupied HU | 326 (21.9%) |
| Vacant Housing Units | 693 (46.6%) |
| Median Home Value | $693,056 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
34
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Listed by: Matthew Wright • Valley and View
Mls Name: NWMLS
Mls ID: #2382169