20916 191st PL SEMonroeWA98272
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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 Monroe at 20916 191st PL SE, Monroe, WA, 98272 generates $3,961/mo in rent and, after a $2,545/mo payment, leaves $835/mo in cash flow. Total monthly income is $3,961/mo, and annual cash flow is $10,024/yr on $171,080 invested. Return on cash invested sits at 25.92% in year one, and rental yield is 9.14% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 134.82% and total cumulative return in cash sums $230,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,961/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98272, Monroe, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,158 (73.7%) |
| Renter Occupied HU | 2,412 (21.8%) |
| Vacant Housing Units | 499 ( 4.5%) |
| Median Home Value | $784,884 |
| Average Home Value | $871,653 |
Housing Distribution
Address Breakdown
Residential
10,519
Single Family
9,598
Multi-Family
921
Businesses
1,124
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Listed by: Darcel Fogerty • eXp Realty
Mls Name: NWMLS
Mls ID: #2421126