3030 Riverview LaneMalagaWA98828
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 Malaga at 3030 Riverview Lane, Malaga, WA, 98828 offers a 6.43% rental yield on a $599,000 purchase with $3,209/mo rent. 67% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 90.61% and total cumulative return in cash at $178,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,209/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.42 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Mullen • Premier One Properties
Mls Name: NWMLS
Mls ID: #2446681