296 Falls RoadRandleWA98377
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Randle at 296 Falls Road, Randle, WA, 98377 offers a 9.84% rental yield on a $245,000 purchase with $2,010/mo rent. Total monthly income registers $2,010/mo, and a $1,199/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,449/yr on $81,218 to close, and return on cash invested stands at 27.85% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 145.22% and total cumulative return in cash at $117,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,010/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98377, Randle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 727 (52.7%) |
| Renter Occupied HU | 215 (15.6%) |
| Vacant Housing Units | 438 (31.7%) |
| Median Home Value | $272,500 |
| Average Home Value | $320,922 |
Housing Distribution
Address Breakdown
Residential
568
Single Family
568
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gena Neitzel • 4 U Real Estate
Mls Name: NWMLS
Mls Provider:
Mls ID: #2277201
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.