20708 Woods Creek RoadMonroeWA98272
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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 20708 Woods Creek Road, Monroe, WA, 98272 uses $155,805 cash to close to unlock $6,494/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $3,366/mo, and a $2,300/mo payment keeps the spread at $541/mo. Purchase price stands at $470,000, and rental yield measures 8.59% with $3,366/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 124.99% and total cumulative return in cash records $194,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,366/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.30 Acres 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: Trina M Torkelson • Rennie Group
Mls Name: NWMLS
Mls ID: #2432073