311 N Paradise DriveLilliwaupWA98555
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
Rental property for sale in Lilliwaup at 311 N Paradise Drive, Lilliwaup, WA, 98555 offers $2,086/mo rent that, after a $1,322/mo payment, leaves $463/mo cash flow. Total monthly income is $2,086/mo, and annual cash flow is $5,550/yr on $89,505 cash. Return on cash invested measures 26.11% in year one, and rental yield stands at 9.27% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 135.9% and total cumulative return in cash reaches $121,633. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,086/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98555, Lilliwaup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 297 (30.4%) |
| Renter Occupied HU | 47 ( 4.8%) |
| Vacant Housing Units | 633 (64.8%) |
| Median Home Value | $491,667 |
| Average Home Value | $574,596 |
Housing Distribution
Address Breakdown
Residential
356
Single Family
356
Multi-Family
0
Businesses
27
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Listed by: Christopher Lawrence • Trillionaire Realty
Mls Name: NWMLS
Mls ID: #2437516