21 S Shore DriveOrondoWA98843
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 Orondo at 21 S Shore Drive, Orondo, WA, 98843 with 5% annual appreciation on a $1,449,000 basis while $4,999/mo rent supports operations. 72% in year one. Equity gained on principal adds $9,350/yr, and five-year appreciation sums $400,332 alongside rental yield of 4.14%. Five-year ROI measures 53.27% and total cumulative return in cash totals $250,099. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,999/mo property income versus a $7,092/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
0.84 Acres lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98843, Orondo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,486 (100%) |
| Owner Occupied HU | 467 (31.4%) |
| Renter Occupied HU | 326 (21.9%) |
| Vacant Housing Units | 693 (46.6%) |
| Median Home Value | $693,056 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Bowler • RE/MAX Advantage
Mls Name: NWMLS
Mls Provider:
Mls ID: #2377271
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 04:04:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)