21 NE Rhododendron Boulevard, Tahuya, WA, 98588 | 4.5% Rental Yield

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21 NE Rhododendron Boulevard, Tahuya, WA, 98588 | 4.5% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Tahuya at 21 NE Rhododendron Boulevard, Tahuya, WA, 98588 generates $2,533/mo in rent, after a $3,304/mo payment. Total monthly income is $2,533/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 4.5% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 59.21% and total cumulative return in cash sums $131,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,533/mo property income rather than buyer’s personal income.

Single Family

Built in 1996

0.63 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to lakefront living on beautiful Haven Lakewhere every day feels like a getaway! Enjoy water skiing, jet skiing, swimming, and fishing right from your backyard. This special property includes two combined lots totaling 0.63 acres with approximately 90 feet of no-bank frontage and your very own private dock and float. Inside, the upstairs features a spacious bonus room and cozy loft areaperfect for extra guests or creative space. Outside, gather around the firepit, store your gear in the shed and two storage areas, and take in the peaceful setting. Haven Lake is a 69-acre lake known for crystal-clear water and great trout and bass fishingideal for a fun retreat or your full-time lakeside home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 98588, Tahuya, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,687 (100%)
Owner Occupied HU	843 (50.0%)
Renter Occupied HU	126 ( 7.5%)
Vacant Housing Units	718 (42.6%)
Median Home Value	$454,592
Average Home Value	$484,807