220 S Bell StGreenacresWA99016
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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
Investment Highlights
Rental property for sale in Greenacres at 220 S Bell St, Greenacres, WA, 99016 priced at $343,900 converts $1,849/mo rent into after a $1,683/mo obligation. Total monthly income equals $1,849/mo. Return on cash invested prints 17.61% in year one, and rental yield reads 6.45% against a $343,900 entry. Equity gained on principal adds $2,219/yr, while 5% annual appreciation compiles into $95,013 by year five. Five-year ROI reaches 90.3% and total cumulative return in cash sums $102,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,849/mo property income covering a $1,683/mo payment, not borrower’s personal income.
Manufactured
Built in 1984
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99016, Greenacres, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,721 (100%) |
| Owner Occupied HU | 5,432 (70.4%) |
| Renter Occupied HU | 2,001 (25.9%) |
| Vacant Housing Units | 288 ( 3.7%) |
| Median Home Value | $540,005 |
| Average Home Value | $599,307 |
Housing Distribution
Address Breakdown
Residential
8,112
Single Family
7,895
Multi-Family
217
Businesses
233
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Listed by: N/A • N/A
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