284 W Hale RoadEvalineWA98596
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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 Evaline at 284 W Hale Road, Evaline, WA, 98596 offers $2,135/mo rent that, after a $2,374/mo payment. Total monthly income is $2,135/mo. Return on cash invested measures 14.08% in year one, and rental yield stands at 5.28% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 71.38% and total cumulative return in cash reaches $114,758. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,135/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98596, Winlock, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,082 (100%) |
| Owner Occupied HU | 2,414 (78.3%) |
| Renter Occupied HU | 506 (16.4%) |
| Vacant Housing Units | 162 ( 5.3%) |
| Median Home Value | $517,834 |
| Average Home Value | $594,268 |
Housing Distribution
Address Breakdown
Residential
2,711
Single Family
2,688
Multi-Family
23
Businesses
102
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Listed by: Tracy Tingle • CENTURY 21 Lund, Realtors
Mls Name: NWMLS
Mls ID: #2435658