209 S 89th Pl #70RidgefieldWA98642
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
Investment property for sale in Ridgefield at 209 S 89th Pl #70, Ridgefield, WA, 98642 listed at $604,885 pairs $3,114/mo rent with a $2,961/mo payment. Total monthly income runs $3,114/mo. Return on cash invested measures 16.91% in year one, and rental yield registers 6.18% at a $604,885 basis. Equity gained on principal adds $3,903/yr, and annual property appreciation at 5% supports $167,119 by year five. Five-year ROI tracks 86.5% and total cumulative return in cash totals $172,137. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,114/mo property income relative to a $2,961/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98642, Ridgefield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,339 (100%) |
| Owner Occupied HU | 8,840 (78.0%) |
| Renter Occupied HU | 1,988 (17.5%) |
| Vacant Housing Units | 511 ( 4.5%) |
| Median Home Value | $712,963 |
| Average Home Value | $782,774 |
Housing Distribution
Address Breakdown
Residential
10,575
Single Family
10,024
Multi-Family
551
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Chapman • Holt Homes Realty, LLC
Mls Name: RMLS (OR)
Mls ID: #422245318