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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Elma at 27 Otter Lane, Elma, WA, 98541 offers a 7.88% rental yield on a $550,000 purchase with $3,612/mo rent. Total monthly income registers $3,612/mo, and a $2,692/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,670/yr on $180,950 to close, and return on cash invested stands at 22.09% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 114.26% and total cumulative return in cash at $206,746. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,612/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Corina Watt • Northfork Realty
Mls Name: NWMLS
Mls ID: #2444740
