24 Hurd RoadElmaWA98541
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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 Elma at 24 Hurd Road, Elma, WA, 98541 earns $565/mo cash flow from $4,046/mo rent with a $2,834/mo payment. Total monthly income totals $4,046/mo, and annual cash flow totals $6,785/yr on $190,491 capital. ROI tracks 23.62% on current figures, and rental yield reads 8.39% at a $579,000 purchase. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 over five years. Five-year ROI reaches 122.5% and total cumulative return in cash sums $233,347. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,046/mo property income instead of your personal income.
Single Family
Built in 2024
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
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Listed by: Jason K. Atwood • Oly Pen Real Estate
Mls Name: NWMLS
Mls ID: #2390788