26 Ginkgo Street SSoap LakeWA98851
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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 Soap Lake at 26 Ginkgo Street S, Soap Lake, WA, 98851 earns from $2,344/mo rent with a $2,100/mo payment. Total monthly income totals $2,344/mo. ROI tracks 17.93% on current figures, and rental yield reads 6.56% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 91.97% and total cumulative return in cash sums $130,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,344/mo property income instead of your personal income.
Single Family
Built in 2010
10,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98851, Soap Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,270 (100%) |
| Owner Occupied HU | 1,438 (63.3%) |
| Renter Occupied HU | 606 (26.7%) |
| Vacant Housing Units | 226 ( 10.0%) |
| Median Home Value | $327,536 |
| Average Home Value | $362,531 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Solomon Ulyanchuk • BHGRE Gary Mann Realty
Mls Name: NWMLS
Mls ID: #2448570