2401 S Brookside PlRidgefieldWA98642
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 Ridgefield at 2401 S Brookside Pl, Ridgefield, WA, 98642 offers a 9.04% rental yield on a $413,500 purchase with $3,114/mo rent. Total monthly income registers $3,114/mo, and a $2,024/mo payment leaves $628/mo available for distribution. Annual cash flow reaches $7,539/yr on $137,075 to close, and return on cash invested stands at 25.41% in year one. Equity gained on principal adds $2,668/yr while 5% annual appreciation supports $114,242 over five years. Portfolio math shows five-year ROI at 132.12% and total cumulative return in cash at $181,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,114/mo property income against a $2,024/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98642, Ridgefield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,339 (100%) |
| Owner Occupied HU | 8,840 (78.0%) |
| Renter Occupied HU | 1,988 (17.5%) |
| Vacant Housing Units | 511 ( 4.5%) |
| Median Home Value | $712,963 |
| Average Home Value | $782,774 |
Housing Distribution
Address Breakdown
Residential
10,575
Single Family
10,024
Multi-Family
551
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Shivers • Keller Williams Realty Portland Central
Mls Name: RMLS (OR)
Mls ID: #356674104