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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 Medical Lake at 212 N Brower St, Medical Lake, WA, 99022 with 5% annual appreciation on a $299,900 basis while $1,777/mo rent supports operations. 6% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 7.11%. Five-year ROI measures 100.97% and total cumulative return in cash totals $100,384. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,777/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99022, Medical Lake, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,752 (100%) |
| Owner Occupied HU | 2,726 (72.7%) |
| Renter Occupied HU | 865 (23.1%) |
| Vacant Housing Units | 161 ( 4.3%) |
| Median Home Value | $479,719 |
| Average Home Value | $519,804 |
Residential
2,660
Single Family
2,504
Multi-Family
156
Businesses
104
Date | Event | Price |
|---|---|---|
| 2025-05-25 | Listed for sale | $299,900 |
| 2021-03-24 | Listing removed | N/A |
| 2017-04-19 | Listing removed | $800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $2272.33 | 2.69% | $243,100 | -1.82% |
| 2023-05-27 | $2212.72 | 11.02% | $247,600 | 4.60% |
| 2022-05-27 | $1993.17 | 21.18% | $236,700 | 47.11% |
Listed by: Paul Butorac • Selkirk Residential
Mls Name: SMLS
Mls Provider:
Mls ID: #202517427
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
