28415 NE 52nd StreetCarnationWA98014
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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
Investment property for sale in Carnation at 28415 NE 52nd Street, Carnation, WA, 98014 offers a 4.31% rental yield on a $1,450,000 purchase with $5,207/mo rent. 41% in year one. Equity gained on principal adds $9,357/yr while 5% annual appreciation supports $400,608 over five years. Portfolio math shows five-year ROI at 56.91% and total cumulative return in cash at $267,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,207/mo property income against a $7,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
6.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98014, Carnation, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,906 (100%) |
| Owner Occupied HU | 2,423 (83.4%) |
| Renter Occupied HU | 343 (11.8%) |
| Vacant Housing Units | 140 ( 4.8%) |
| Median Home Value | $990,863 |
| Average Home Value | $1,139,561 |
Housing Distribution
Address Breakdown
Residential
2,443
Single Family
2,436
Multi-Family
7
Businesses
154
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Listed by: Beth Traverso • Keller Williams Eastside
Mls Name: NWMLS
Mls ID: #2403840