30 Shalberg Lake RoadRiversideWA98849
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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
Rental property for sale in Riverside at 30 Shalberg Lake Road, Riverside, WA, 98849 priced at $1,180,000 converts $3,370/mo rent into after a $5,776/mo obligation. Total monthly income equals $3,370/mo. Return on cash invested prints 8.68% in year one, and rental yield reads 3.43% against a $1,180,000 entry. Equity gained on principal adds $7,614/yr, while 5% annual appreciation compiles into $326,012 by year five. Five-year ROI reaches 42.31% and total cumulative return in cash sums $161,744. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,370/mo property income covering a $5,776/mo payment, not borrower’s personal income.
Single Family
Built in 2017
61.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98849, Riverside, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 476 (59.8%) |
| Renter Occupied HU | 115 (14.4%) |
| Vacant Housing Units | 205 (25.8%) |
| Median Home Value | $344,755 |
| Average Home Value | $383,214 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
28
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Listed by: Ethan Hammond • ProStaff Real Estate
Mls Name: NWMLS
Mls ID: #2369689