2973 Jamaica StreetMalagaWA98828
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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 Malaga at 2973 Jamaica Street, Malaga, WA, 98828 earns from $2,809/mo rent with a $3,230/mo payment. Total monthly income totals $2,809/mo. ROI tracks 13.66% on current figures, and rental yield reads 5.11% at a $659,900 purchase. Equity gained on principal adds $4,258/yr, and 5% annual appreciation supports $182,318 over five years. Five-year ROI reaches 69.07% and total cumulative return in cash sums $149,966. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,809/mo property income instead of your personal income.
Single Family
Built in 2016
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98828, Malaga, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 768 (76.0%) |
| Renter Occupied HU | 182 (18.0%) |
| Vacant Housing Units | 61 ( 6.0%) |
| Median Home Value | $530,744 |
| Average Home Value | $570,094 |
Housing Distribution
Address Breakdown
Residential
859
Single Family
858
Multi-Family
1
Businesses
45
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Listed by: Melissa Kenady • Kenady Group, LLC
Mls Name: NWMLS
Mls ID: #2424304