2484 Spencer RoadSalkumWA98582
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2484 Spencer Road, Salkum, WA, 98582 in Salkum. Rental yield 0%. At $895,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $247,272 in new equity by year five, complemented by $8,243/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1982
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98582, Salkum, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 136 (65.7%) |
| Renter Occupied HU | 35 (16.9%) |
| Vacant Housing Units | 36 (17.4%) |
| Median Home Value | $637,500 |
| Average Home Value | $669,761 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
122
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1982
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98582, Salkum, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 136 (65.7%) |
| Renter Occupied HU | 35 (16.9%) |
| Vacant Housing Units | 36 (17.4%) |
| Median Home Value | $637,500 |
| Average Home Value | $669,761 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
122
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Patricia DeYoung • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2437360