242 Cornerstone LaneWoodlandWA98674
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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
Rental property for sale in Woodland at 242 Cornerstone Lane, Woodland, WA, 98674 generates $3,846/mo in rent, after a $5,873/mo payment. Total monthly income is $3,846/mo. Return on cash invested sits at 9.98% in year one, and rental yield is 3.85% on a $1,199,900 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,510 over five years. Five-year ROI reaches 49.26% and total cumulative return in cash sums $191,488. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,846/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98674, Woodland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,586 (100%) |
| Owner Occupied HU | 4,175 (74.7%) |
| Renter Occupied HU | 1,145 (20.5%) |
| Vacant Housing Units | 266 ( 4.8%) |
| Median Home Value | $622,434 |
| Average Home Value | $666,881 |
Housing Distribution
Address Breakdown
Residential
4,676
Single Family
4,536
Multi-Family
140
Businesses
417
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Listed by: Karly Bordak • The Bordak Group, LLC
Mls Name: NWMLS
Mls ID: #2457123