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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Medical Lake at 207 N Lefevre St, Medical Lake, WA, 99022 priced at $315,000 converts $2,520/mo rent into $626/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $7,515/yr on $104,423 invested. Return on cash invested prints 27.11% in year one, and rental yield reads 9.6% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 141.23% and total cumulative return in cash sums $147,473. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1886
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99022, Medical Lake, WA area.
| 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 |
Residential
2,660
Single Family
2,504
Multi-Family
156
Businesses
104
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $315,000 |
| 2025-01-03 | Sold | $285,000 |
| 2024-12-25 | Pending sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $1962.69 | 7.12% | $209,800 | 2.44% |
| 2023-06-27 | $1832.28 | 11.05% | $204,800 | 4.65% |
| 2022-06-27 | $1649.96 | 20.63% | $195,700 | 44.64% |
Listed by: Fred Sharp • Coldwell Banker Schneidmiller
Mls Name: SMLS
Mls Provider:
Mls ID: #202519464
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
