222 Emery Avenue SSouth PrairieWA98385
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
Rental property for sale in South Prairie at 222 Emery Avenue S, South Prairie, WA, 98385 priced at $450,000 pairs $3,259/mo rent with $554/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,259/mo, and annual cash flow comes to $6,642/yr on $149,175 invested. Return on cash invested is 24.36% in year one, and rental yield stands at 8.69% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 126.49% and total cumulative return in cash reaches $188,694. For financing, Ziffy Mortgage’s DSCR program evaluates $3,259/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
4,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98385, South Prairie, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 148 (100%) |
| Owner Occupied HU | 133 (89.9%) |
| Renter Occupied HU | 12 ( 8.1%) |
| Vacant Housing Units | 3 ( 2.0%) |
| Median Home Value | $871,324 |
| Average Home Value | $953,759 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
44
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Listed by: Rebecca Elliott Googins • eXp Realty
Mls Name: NWMLS
Mls ID: #2424448