31108 3rd Ave #319Black 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 31108 3rd Ave #319, Black Diamond, WA, 98010 earns $255/mo cash flow from $1,090/mo rent with a $680/mo payment. Total monthly income totals $1,090/mo, and annual cash flow totals $3,057/yr on $46,078 capital. ROI tracks 26.54% on current figures, and rental yield reads 9.41% at a $138,999 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 138.23% and total cumulative return in cash sums $63,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,090/mo property income instead of your personal income.
Manufactured
Built in 1978
980 sqft 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: Virginia Everard • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2458274