20760 Greenwood Street NEIndianolaWA98342
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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 Indianola at 20760 Greenwood Street NE, Indianola, WA, 98342 offers a 6.82% rental yield on a $419,900 purchase with $2,388/mo rent. 74% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 96.36% and total cumulative return in cash at $134,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,388/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98342, Indianola, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 860 (100%) |
| Owner Occupied HU | 578 (67.2%) |
| Renter Occupied HU | 127 (14.8%) |
| Vacant Housing Units | 155 (18.0%) |
| Median Home Value | $796,012 |
| Average Home Value | $938,495 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
41
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Listed by: Sheryl Wingate • Redfin
Mls Name: NWMLS
Mls ID: #2440717