31008 3rd Avenue #317Black DiamondWA98010
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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 Black Diamond at 31008 3rd Avenue #317, Black Diamond, WA, 98010 earns $202/mo cash flow from $917/mo rent with a $582/mo payment. Total monthly income totals $917/mo, and annual cash flow totals $2,425/yr on $39,449 capital. ROI tracks 26.06% on current figures, and rental yield reads 9.25% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 135.68% and total cumulative return in cash sums $53,525. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $917/mo property income instead of your personal income.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98010, Black Diamond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,684 (81.5%) |
| Renter Occupied HU | 440 (13.4%) |
| Vacant Housing Units | 171 ( 5.2%) |
| Median Home Value | $964,639 |
| Average Home Value | $1,018,839 |
Housing Distribution
Address Breakdown
Residential
3,368
Single Family
3,192
Multi-Family
176
Businesses
196
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Listed by: Chris Gurnee • eXp Realty
Mls Name: NWMLS
Mls ID: #2454668