228 E 24th AveLa CenterWA98629
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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
Investment property for sale in La Center at 228 E 24th Ave, La Center, WA, 98629 offers a 2.86% rental yield on a $849,900 purchase with $2,028/mo rent. 84% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 32.47% and total cumulative return in cash at $90,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,028/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98629, La Center, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 3,277 (86.7%) |
| Renter Occupied HU | 390 (10.3%) |
| Vacant Housing Units | 111 ( 2.9%) |
| Median Home Value | $673,991 |
| Average Home Value | $719,510 |
Housing Distribution
Address Breakdown
Residential
3,523
Single Family
3,374
Multi-Family
149
Businesses
126
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Listed by: Joe Bjorklund • Felida Real Estate
Mls Name: RMLS (OR)
Mls ID: #254765309