24608 SE 387th StreetEnumclawWA98022
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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
Total monthly income runs $4,710/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 5.8% with $4,710/mo rent. Return on cash invested shows 15.76% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 80.3% and total cumulative return in cash records $257,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,710/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
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Listed by: James F. Smith • Berkshire Hathaway HS NW
Mls Name: NWMLS
Mls ID: #2469172