240 Road 14 NEMansfieldWA98830
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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 Mansfield at 240 Road 14 NE, Mansfield, WA, 98830 uses $142,545 cash to close to unlock $12,370/yr annual cash flow and $1,031/mo monthly cash flow. Total monthly income runs $3,616/mo, and a $2,105/mo payment keeps the spread at $1,031/mo. Purchase price stands at $430,000, and rental yield measures 10.09% with $3,616/mo rent. Return on cash invested shows 28.59% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 149.14% and total cumulative return in cash records $212,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,616/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1916
12.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98830, Mansfield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 275 (100%) |
| Owner Occupied HU | 205 (74.5%) |
| Renter Occupied HU | 48 (17.5%) |
| Vacant Housing Units | 22 ( 8.0%) |
| Median Home Value | $254,464 |
| Average Home Value | $357,280 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
44
Multi-Family
0
Businesses
25
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Listed by: Jennifer N. Post • MADRIC Real Estate LLC
Mls Name: NWMLS
Mls ID: #2375669