29219 217th Place SE UNIT 3Black DiamondWA98010
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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 Black Diamond at 29219 217th Place SE UNIT 3, Black Diamond, WA, 98010 earns $156/mo cash flow from $4,373/mo rent with a $3,279/mo payment. Total monthly income totals $4,373/mo, and annual cash flow totals $1,871/yr on $220,397 capital. ROI tracks 20.91% on current figures, and rental yield reads 7.83% at a $669,900 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,081 over five years. Five-year ROI reaches 108.3% and total cumulative return in cash sums $238,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,373/mo property income instead of your personal income.
Townhouse
Built in 2023
4,356 sqft lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98010, Black Diamond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,684 (81.5%) |
| Renter Occupied HU | 440 (13.4%) |
| Vacant Housing Units | 171 ( 5.2%) |
| Median Home Value | $964,639 |
| Average Home Value | $1,018,839 |
Housing Distribution
Address Breakdown
Residential
3,368
Single Family
3,192
Multi-Family
176
Businesses
196
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Listed by: Nancy L. Lee • Keller Williams Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2308691
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.