267 Boone Avenue WConconullyWA98819
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.79% gross rental yield, 267 Boone Avenue W, Conconully, WA, 98819 in Conconully is priced for capital growth, not immediate cash flow. The $874,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $241,470 by year five, with $8,050/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.52) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $123,583.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 6.2% |
| Monthly Cash Flow | $(3,220) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $4,906 |
| DSCR Ratio | 0.41x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98819, Conconully, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 172 (100%) |
| Owner Occupied HU | 75 (43.6%) |
| Renter Occupied HU | 22 (12.8%) |
| Vacant Housing Units | 75 (43.6%) |
| Median Home Value | $302,941 |
| Average Home Value | $322,767 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
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
Single Family
Built in 2005
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98819, Conconully, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 172 (100%) |
| Owner Occupied HU | 75 (43.6%) |
| Renter Occupied HU | 22 (12.8%) |
| Vacant Housing Units | 75 (43.6%) |
| Median Home Value | $302,941 |
| Average Home Value | $322,767 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2502974