208 N Conklin RdVeradaleWA99037
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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 Veradale at 208 N Conklin Rd, Veradale, WA, 99037 priced at $399,900 converts $3,178/mo rent into $774/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,178/mo, and annual cash flow totals $9,293/yr on $132,567 invested. Return on cash invested prints 26.92% in year one, and rental yield reads 9.54% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 140.21% and total cumulative return in cash sums $185,876. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,178/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1946
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99037, Veradale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,321 (100%) |
| Owner Occupied HU | 4,125 (56.3%) |
| Renter Occupied HU | 2,982 (40.7%) |
| Vacant Housing Units | 214 ( 2.9%) |
| Median Home Value | $526,688 |
| Average Home Value | $563,407 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
5,618
Multi-Family
1,296
Businesses
565
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Listed by: Aaron Farr • REAL Broker LLC
Mls Name: SMLS
Mls ID: #202524786