2935 Highpoint StreetEnumclawWA98022
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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 Enumclaw at 2935 Highpoint Street, Enumclaw, WA, 98022 listed at $699,950 pairs $4,236/mo rent with a $3,426/mo payment to leave $13/mo cash flow. Total monthly income runs $4,236/mo, and annual cash flow reaches $161/yr on $230,284 cash to close. Return on cash invested measures 20.13% in year one, and rental yield registers 7.26% at a $699,950 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,383 by year five. Five-year ROI tracks 103.8% and total cumulative return in cash totals $239,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,236/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
8,398 sqft lot
$N/A/sqft
$15 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
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Listed by: Carlie Hendrickson • KW Mountains to Sound Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2295331
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.