234 Cornell RoadToutleWA98649
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
Investment property for sale in Toutle at 234 Cornell Road, Toutle, WA, 98649 earns from $4,429/mo rent with a $4,037/mo payment. Total monthly income totals $4,429/mo. ROI tracks 17.72% on current figures, and rental yield reads 6.44% at a $824,900 purchase. Equity gained on principal adds $5,323/yr, and 5% annual appreciation supports $227,905 over five years. Five-year ROI reaches 90.83% and total cumulative return in cash sums $246,505. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,429/mo property income instead of your personal income.
Single Family
Built in 2018
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98649, Toutle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 403 (82.9%) |
| Renter Occupied HU | 40 ( 8.2%) |
| Vacant Housing Units | 43 ( 8.8%) |
| Median Home Value | $514,752 |
| Average Home Value | $505,937 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
354
Multi-Family
15
Businesses
33
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Nearby investment properties with comparable prices
Listed by: Kelsey Nelson • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2443884