2521 Allen RdElkWA99009
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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 Elk at 2521 Allen Rd, Elk, WA, 99009 priced at $595,500 pairs $2,480/mo rent with after a $2,915/mo payment. Total monthly income equals $2,480/mo. Return on cash invested is 13.32% in year one, and rental yield stands at 5% on a $595,500 basis. Equity gained on principal adds $3,843/yr, and 5% annual appreciation accumulates to $164,526 by year five. Five-year ROI measures 67.28% and total cumulative return in cash reaches $131,823. For financing, Ziffy Mortgage’s DSCR program evaluates $2,480/mo property income against a $2,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
7.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99009, Elk, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,525 (82.9%) |
| Renter Occupied HU | 182 ( 9.9%) |
| Vacant Housing Units | 132 ( 7.2%) |
| Median Home Value | $425,207 |
| Average Home Value | $452,974 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,416
Multi-Family
0
Businesses
88
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Listed by: Gwen Arrand • EXIT Real Estate Professionals
Mls Name: SMLS
Mls Provider:
Mls ID: #202513253
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.