2076 Paradise Avenue #15EnumclawWA98022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Enumclaw at 2076 Paradise Avenue #15, Enumclaw, WA, 98022 generates $3,510/mo in rent and, after a $1,786/mo payment, leaves $1,316/mo in cash flow. Total monthly income is $3,510/mo, and annual cash flow is $15,797/yr on $120,998 invested. Return on cash invested sits at 32.96% in year one, and rental yield is 11.54% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 172.64% and total cumulative return in cash sums $208,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,510/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Britschgi • John L. Scott R.E. Lake Tapps
Mls Name: NWMLS
Mls ID: #2402031