2311 N Fairchild LnMedical LakeWA99022
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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
Investment property for sale in Medical Lake at 2311 N Fairchild Ln, Medical Lake, WA, 99022 earns from $2,162/mo rent with a $3,548/mo payment. Total monthly income totals $2,162/mo. ROI tracks 9.01% on current figures, and rental yield reads 3.58% at a $724,900 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,277 over five years. Five-year ROI reaches 44.15% and total cumulative return in cash sums $105,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,162/mo property income instead of your personal income.
Single Family
Built in 2014
42.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99022, Medical Lake, WA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,660
Single Family
2,504
Multi-Family
156
Businesses
104
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Listed by: Tom Price • First Look Real Estate
Mls Name: SMLS
Mls ID: #202525680