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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 213 N Division St, Elma, WA, 98541 listed at $409,500 pairs $2,081/mo rent with a $2,004/mo payment. Total monthly income runs $2,081/mo. Return on cash invested measures 16.55% in year one, and rental yield registers 6.1% at a $409,500 basis. Equity gained on principal adds $2,642/yr, and annual property appreciation at 5% supports $113,137 by year five. Five-year ROI tracks 84.58% and total cumulative return in cash totals $114,814. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,081/mo property income relative to a $2,004/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
3,950 sqft 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 |
|---|---|---|
| 2022-02-23 | Sold | $335,000 |
| 2022-01-10 | Pending sale | $335,000 |
| 2021-12-21 | Listed for sale | $335,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3391.46 | 77.48% | $348,162 | 72.06% |
| 2022-10-23 | $1910.90 | 15.05% | $202,346 | 35.87% |
| 2021-10-23 | $1660.94 | 61.77% | $148,927 | 60.89% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
