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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elma at 21 W River Drive W, Elma, WA, 98541 with 5% annual appreciation on a $349,900 basis while $2,191/mo rent supports operations. Total monthly income totals $2,191/mo and a $1,713/mo payment preserves $87/mo for cash returns. Annual cash flow comes to $1,047/yr on $115,992 deployed, and return on cash invested reaches 20.81% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 7.51%. Five-year ROI measures 107.48% and total cumulative return in cash totals $124,662.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,191/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-25 | $436.93 | -79.43% | $255,685 | 18.94% |
| 2022-04-25 | $2124.49 | 3.51% | $214,975 | 18.16% |
| 2021-04-25 | $2052.51 | 11.96% | $181,940 | 12.39% |
Listed by: Stan Choate • Realty One Group Bold
Mls Name: NWMLS
Mls Provider:
Mls ID: #2364875
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)
