20866 Kingston 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
Rental property for sale in Indianola at 20866 Kingston Street NE, Indianola, WA, 98342 generates $2,983/mo in rent, after a $3,426/mo payment. Total monthly income is $2,983/mo. Return on cash invested sits at 13.68% in year one, and rental yield is 5.11% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 69.17% and total cumulative return in cash sums $159,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,983/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.25 Acres 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: Susan P. Henry • Susan Henry Real Estate LLC
Mls Name: NWMLS
Mls ID: #2430517