257 State Route 6RaymondWA98577
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Raymond at 257 State Route 6, Raymond, WA, 98577 offers a 7.8% rental yield on a $278,000 purchase with $1,806/mo rent. Total monthly income registers $1,806/mo, and a $1,361/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,615/yr on $92,157 to close, and return on cash invested stands at 21.66% in year one. Equity gained on principal adds $1,794/yr while 5% annual appreciation supports $76,806 over five years. Portfolio math shows five-year ROI at 112.01% and total cumulative return in cash at $103,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,806/mo property income against a $1,361/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98577, Raymond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,161 (100%) |
| Owner Occupied HU | 2,220 (70.2%) |
| Renter Occupied HU | 667 (21.1%) |
| Vacant Housing Units | 274 ( 8.7%) |
| Median Home Value | $282,292 |
| Average Home Value | $324,725 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,496
Multi-Family
184
Businesses
212
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Listed by: Monica Ortiz • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2423433