2441 Van Belle RdOutlookWA98938
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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 Outlook at 2441 Van Belle Rd, Outlook, WA, 98938 uses $124,313 cash to close to unlock $3,543/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $2,549/mo, and a $1,835/mo payment keeps the spread at $295/mo. Purchase price stands at $375,000, and rental yield measures 8.16% with $2,549/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 117.91% and total cumulative return in cash records $146,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,549/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1912
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98938, Outlook, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 492 (71.1%) |
| Renter Occupied HU | 175 (25.3%) |
| Vacant Housing Units | 25 ( 3.6%) |
| Median Home Value | $388,194 |
| Average Home Value | $431,575 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
550
Multi-Family
0
Businesses
13
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Listed by: Anna Kellogg • Kellogg & Company
Mls Name: PACMLS
Mls ID: #287918